Suva High Court Judge, Justice Salesi Temo says he needs more time to prepare the sentencing for Chinese businessman, Aidong Zhang who has been found guilty of money laundering and obtaining property by deception.
Justice Temo told Zhang's lawyer, Iqbal Khan this morning that his client is the first accused in a money laundering case that has paid the complainant the compensation in full.
The compensation amount is $1 million.
Justice Temo also said that no accused has paid back the amount to the complainant in any previous case of money laundering.
Meanwhile, Khan has also informed the court that his client is also ready to pay the fine.
Justice Temo will deliver the sentencing on the 31st of this month and Zhang has been further remanded in custody.
Zhang has been found guilty of deceptively obtaining property and engaging directly or indirectly in money laundering in the amount of FJD$1,240,740.74.
This happened between 1st June 2014 and 31st January 2016.
Zhang obtained the money by deception from the complainant who was his business partner on the pretext that property was being sold at $5.5 million instead of its actual price of $3.3 million.
