The scandal, which involves a staggering SGD 3 billion, has already led to significant legal repercussions. One of the key figures, Zhang Ruijin, has been sentenced to 15 months after pleading guilty, the longest sentence among the five individuals convicted so far. Zhang’s involvement included laundering approximately SGD 36 million. This case also includes several other individuals who were arrested in August last year, with sentences ranging from 13 to 14 months.