Macau’s former chief prosecutor Ho Chio Meng has been accused of 1,970 crimes such as embezzlement, fraud, money laundering, false testimony and illicit participation in business activities, the city’s top court said in a statement on Thursday. According to the statement, the trial of Ho and 9 co-defendants is slated to start on December 5. While […]
money laundering
Macau Monetary Authority (AMCM) President Anselmo Teng Lin Seng said Monday that the People’s Bank of China (PBOC) and the AMCM had agreed to sign a co-operation agreement to fight money laundering. Teng said the deal would further strengthen co-operation between the two sides to fight money laundering. Teng made the remarks to reporters after […]