Associate Billy Choi released but may not leave Macao; police point to strong evidence linking pair to organised crime, illegal gambling and money laundering.
money laundering
Graft busters seek ex Public Works and Transport Bureau chief who is believed to have gone to ground in Portugal. Forty properties already seized by authorities.
Former DSSOPT director and seven additional suspects accused of being involved in four kinds of criminal offences.
Operation Thunderbolt targeted triad gangs over three months, seizing millions of dollars in illegal funds in the run-up to National Day in October.
Officers believe cash ferried across the Hong Kong-Zhuhai-Macao Bridge may have been laundered in the city’s casinos; five suspects released on bail.
The suspected kingpin of a loan-sharking and money-laundering group was arrested on Wednesday morning in Zhuhai and transferred to Macao by the Guangdong Public Security Department.
Four local men were arrested last week for setting up a plot to cheat an overseas Chinese out of the equivalent of HK$15 million in a cryptocurrency deal.
The Court of First Instance (TJB) on Monday adjourned the trial of the ex-president of the Macau Trade and Investment Promotion Institute (IPIM), Jackson Chang, and his 25 co-defendants for corruption and a string of other alleged crimes.
Secretary for Economy and Finance Lionel Leong Vai Tac said at the weekend that the government will not be complacent after achieving good results in the Asia/Pacific Group on Money Laundering (APG) Mutual Evaluation Report (MER) 2017.