Money laundering
Gatekeepers or conduits? Fortifying Singapore’s incorruptibility
Even with strong regulations, professional intermediaries remain attractive entry points for criminals
MAS issues prohibition orders against ex-bankers involved in S$3 billion money laundering scandal
The two former bankers are barred from conducting any MAS-regulated activities and cannot participate in the management of any financial institution
Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals
The appellants are pursuing other ‘workarounds’, such as winding up the relevant entities involved
Taiwan indicts 62 over suspected scam centre operator Prince Group
The transnational scam industry has emerged in South-east Asia during the pandemic
Assets seized in connection with Chen Zhi’s transnational scam syndicate total over S$500 million, says Singapore police
Three Singaporeans have been arrested so far for their suspected involvement in money laundering offences
Thailand moves to seize US$420 million assets linked to scammers
Assets facing confiscation include those belonging to alleged scam kingpin Chen Zhi
Malaysian anti-graft agency opens money laundering probe involving IJM
The confirmation of the probe comes just days after Sunway announced a US$2.71 billion takeover bid for IJM
Singapore rejects request to release funds from firms linked to alleged Cambodian scam kingpin Chen Zhi
[SINGAPORE] A district judge from the State Courts has dismissed the application made by a former employee of alleged Cambodian scam kingpin Chen Zhi, for the release of seized funds.
Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub
MAS likely to go ahead with simplifying the single family office tax incentive framework in the face of rising competition
Singapore arrests former captain of alleged scam kingpin Chen Zhi’s yacht
Nigel Tang Wan Bao Nabil was the captain of a superyacht called Nonni II that Chen owned
