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Ng Yu Zhi faces 18 more charges linked to nickel trading scam; total charges now 93
Among the fresh charges are 3 that alleged Ng, 34, spent more than S$43 million of ill-gotten gains to purchase luxury goods, jewellery, property and luxury cars, and to make payments, from March 2020 to February 2021.
These payments include service hire purchases for a Lamborghini Urus, a Rolls Royce Wraith, a McLaren MP4-12C 650s Spider and Bentley Mulsanne 6.8 Turbo Auto. He also bought jewellery from Bulgari, Luxlexicon, Huen's and Louis Vuitton, among other luxury brands and shops, as well as watches from Luxury Koncept, for more than S$8.4 million in total.
