SINGAPORE: A 50-year-old former security guard has become the latest individual linked to a $39.9mil (RM122mil) SkillsFuture scam to be convicted.Nathan Muniandy, a Malaysian national, helped launder S$3.15mil (RM96.4mil) of the proceeds from the scam targeted at SkillsFuture Singapore (SSG), a statutory board set up to promote lifelong learning.The scam was perpetrated by a criminal syndicate involving multiple individuals.
Nathan pleaded guilty to six charges of laundering S$900,000 (RM2.7mil) of the $3.15mil, and was sentenced to jail for three years and three months on Wednesday.