SINGAPORE: A person who’s suspected of killing a Singaporean lady in Spain is a beneficiary of her Central Provident Fund (CPF) financial savings, a Spanish media outlet reported on Monday (Jun 3).
Mitchell Ong, 43, was arrested on Apr 16 over the killing of Ms Audrey Fang whereas she was on vacation in Spain.
Her physique was discovered on Apr 10 with 30 stab wounds, about 150km from the resort the place she was staying.
Spanish information outlet La Verdad reported on Monday {that a} court docket in Cieza had on Might 16 obtained affirmation from the CPF Board that Ms Fang had named Ong as a beneficiary of her CPF cash.
CPF is a compulsory social safety financial savings scheme that’s funded by contributions from employers and workers. Within the occasion of the individual’s loss of life, these financial savings are given to the individual’s nominee or nominees.
If no nomination is made, the cash can be handed to the Public Trustee’s Workplace to be distributed to members of the family.
In line with the report, Ms Fang, 39, had accrued as much as €340,000 (S$500,000) in her CPF accounts.
