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...
The sole beneficiary to Singaporean Audrey Fang's CPF savings is Mitchell Ong, who is currently being held in custody in south-eastern Spain .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. Mr Fang said it is puzzling that his sister, who lived in the same flat as him and their father, and was close to the family, did not mention Ong once.News of the nomination was revealed earlier in June when a court in Spain heard that the suspect, who has opted to stay silent during investigations, stood to benefit from her CPF savings.
Mr Fang said: “She mentioned in the past that her insurance agent was investing her CPF for her. I’m not sure if the agent is Ong, but it seems likely.” He said that if Ong is convicted of murder after trial, he will seek a jail term of between 20 and 25 years for the suspect, and possibly reviewable life imprisonment.
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