DAUGHTER WIRED $2.6M TO S’PORE ACCT
High Court freezes her bank accounts in S’pore after brother claims $1.29m share
Dec 24, 2010
By K.C. Vijayan, Law Correspondent
A KOREAN woman based in the US flew to Seoul to ‘tend’ to her ailing millionaire father in 2004. Several weeks later, she emptied his bank account, wiring $2.6 million to her own accounts in two banks in Singapore.
The same week that she allegedly transferred the money to RBS Coutts Bank and UBS AG bank in October 2004, she flew to Singapore, staying on till the end of the year before returning to the United States, according to court documents. The millionaire, Mr Han Kyuk Boo, died in 2005.
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