By The Nation
The court found David Roach, 28, guilty of violating the anti-money laundering law, the customs law and the money exchange law by smuggling the cash into the Kingdom.
The Singapore authorities informed Thai police that Roach allegedly robbed the Standard Chartered Bank of Holland Village branch on July 10, 2016 and fled to Thailand.
Thai police arrested him on July 12, 2016 and found the cash at the Boxpackers Hostel.
The defendant pleaded guilty to the charge of bringing money into the Kingdom that was over the allowed amount.
The court initially sentenced him to two years and four months in jail but commuted the sentence by half the time and seized the money.