Woman charged with HK$4.7m money laundering
2021-7-23
The ICAC today (July 23) charged a woman for allegedly dealing with $4.7 million in crime proceeds revealed in the course of an anti-corruption investigation.
Xie Wenmin, 35, housewife, faces one count of dealing with property known or believed to represent proceeds of indictable offence, contrary to Section 25(1) of the Organized and Serious Crimes Ordinance. She will be brought to the West Kowloon Magistrates’ Courts this afternoon for mention.
The alleged offence was revealed in the course of an ICAC corruption investigation which resulted in the arrest of various persons and the crackdown of an illegal bookmaking syndicate. While the relevant corruption investigation is continuing, the defendant was charged today upon legal advice given by the Department of Justice.
The charge alleges that on November 6, 2019, the defendant dealt with a sum of $4.7 million, knowing or having reasonable grounds to believe that the sum of money in whole or in part, directly or indirectly represented the proceeds of an indictable offence.
An illegal bookmaker arrested in the same operation was earlier charged by the ICAC with an offence of bookmaking involving horse racing bets totalling up to $38.5 million.
Xie Wenmin, 35, housewife, faces one count of dealing with property known or believed to represent proceeds of indictable offence, contrary to Section 25(1) of the Organized and Serious Crimes Ordinance. She will be brought to the West Kowloon Magistrates’ Courts this afternoon for mention.
The alleged offence was revealed in the course of an ICAC corruption investigation which resulted in the arrest of various persons and the crackdown of an illegal bookmaking syndicate. While the relevant corruption investigation is continuing, the defendant was charged today upon legal advice given by the Department of Justice.
The charge alleges that on November 6, 2019, the defendant dealt with a sum of $4.7 million, knowing or having reasonable grounds to believe that the sum of money in whole or in part, directly or indirectly represented the proceeds of an indictable offence.
An illegal bookmaker arrested in the same operation was earlier charged by the ICAC with an offence of bookmaking involving horse racing bets totalling up to $38.5 million.