SINGAPORE, Oct 3 — Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of money laundering, in which the...
Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of money laundering, in which the value of assets seized now stands at S$2.8 billion. — AFP picSINGAPORE, Oct 3 — Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of money laundering, in which the value of assets seized now stands at S$2.8 billion .
“This case is a reminder that even the most stringent preventive measures can be circumvented by determined criminals,” Josephine Teo, the second minister for home affairs, told parliament today. But Singapore’s arrests and investigations showed its system was able to detect suspicious individuals and activities, Teo said.
The government said it was inspecting financial institutions involved in the case and would launch enforcement action against any of them, and their staff, found to have breached central bank requirements.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Singapore’s Oct 3 Parliament sitting: Three ministerial statements on combatting money laundering in light of S$2.4b caseSINGAPORE, Oct 2 — How Singapore combats money laundering is set to dominate proceedings at the parliamentary sitting tomorrow as three political office holders will be...
Leggi di più »
Indonesia denies accusations of transboundary haze crossing into Singapore and MalaysiaThe Indonesian government, through the Ministry of Environment and Forestry (KLHK), has denied allegations regarding haze from forest and land fires (karhutla) in Indonesia crossing into Malaysia and Singapore.
Leggi di più »
More Coldplay Singapore concert tickets on sale on TuesdayColdplay’s six concerts in Singapore were sold out when tickets went on sale in June.
Leggi di più »
Singapore Orders Recall Of Malaysian Noodle Due To Undeclared GlutenIt's Taste Original's Organic Mee Suar (300g).
Leggi di più »
2023 BYD Seal EV launched in Thailand (from RM170k) and Singapore (from RM834k) - Malaysia soon?The BYD Seal has been launched in Thailand and Singapore, priced from THB1,325,000 (RM169,526) in Thailand and from S$242,888 (RM834,488) in Singapore. The base variant for the Seal in Thailand is the Dynamic RWD, which …
Leggi di più »