Singapore bank sues money laundering suspect for $15 million

SINGAPORE – Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore’s biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.

Southeast Asia’s second-largest bank filed a claim against Su Baolin, a Cambodian passport holder, last month, seeking about S$19.7 million (US$14.7 million) mostly…