No cash flow? S$42.6m still awaiting claims from corporate owners

Singapore

COMPANIES looking to ease their cash flow situation in these difficult times may want to check out a government website where S$42.6 million, including the largest single sum of S$190,000, is waiting to be claimed by businesses.

According to the Ministry of Finance (MOF), the total unclaimed money amounted to S$274 million as at Dec 31, 2020, with about 80 per cent of the money belonging to individuals. The remainder or S$42.6 million is due to businesses.