SINGAPORE, Oct 2 — How Singapore combats money laundering is set to dominate proceedings at the parliamentary sitting tomorrow as three political office holders will be...
Singapore: Migrant workers at Tanah Merah dorm have to wait hours for shuttle bus; operator says it's only a peak-period problemSINGAPORE, Oct 2 — How Singapore combats money laundering is set to dominate proceedings at the parliamentary sitting tomorrow as three political office holders will be delivering ministerial statements on the issue.
Scheduled to address the House on this are Mrs Josephine Teo, Second Minister for Home Affairs, Ms Indranee Rajah, Second Minister for Finance and National Development, and Mr Alvin Tan, Minister of State for Trade and Industry.The 10 foreigners have been charged and the value of assets that have been seized or issued with prohibition of disposal orders has gone up to more than S$2.4 billion , more than double the initial sum when news of the case first broke.
Nominated MP Neil Parekh Nimil Rajnikant asked what is being done to ensure that Singaporeans and businesses avoid falling prey to money laundering and forgery gangs. MPs such as Mr Yip Hon Weng asked whether deferring the public transport fare increments is sustainable since the cost of living in Singapore is anticipated to continue rising.
They include the proportion of meals sold at hawker stalls that are budget meals and how many cases of profiteering were found by the Committee Against Profiteering.
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