SINGAPORE – Six months before she was killed in Spain, Singaporean Audrey Fang deposited nearly $200,000 into her Central Provident Fund (CPF) accounts for investment-linked products, and also nominated a beneficiary. The sole beneficiary is Mitchell Ong, who is currently being held in custody in south-eastern Spain in connection with her murder.
Ms Audrey Fang was found dead with 30 stab wounds and other injuries in south-eastern Spain on April 10 while she was on a solo trip.SINGAPORE – Six months before she was killed in Spain, Singaporean Audrey Fang deposited nearly $200,000 into her Central Provident Fund accounts for investment-linked products, and also nominated a beneficiary.
“We were very shocked and sad to find out that he is her beneficiary. We do not know why he was nominated, as we hadn’t heard of him before,” he said.ST contacted AIA Singapore to ask if the insurer is looking into whether Ong is a beneficiary of Ms Fang’s insurance policies, but a spokesperson declined to answer the question.
Police in Spain had earlier raised suspicions around an economic motive for the murder, after a note on Ms Fang’s iPad declared a decision to name a “long-time friend and trusted confidant” as the recipient of her CPF savings in the event of her death.The note also granted the beneficiary a “friendly loan of US$50,000 based on our friendship in the past”, separate from the CPF nomination.
Mr Fang said the CPF Board told him it will withhold the distribution of Ms Fang’s CPF savings until the case concludes. Mr Martinez believes he has a strong case against Ong, saying: “To date and pending further investigation, I can prove the existence of malice aforethought in the actions of Ong.”
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