The Singapore government has seized S$6 billion (US$4.4 billion) of funds linked to criminal and money laundering activities since 2019, highlighting the extent of these issues as the city-state steps up scrutiny of parts of the wealth management sector. The disclosure of the figure by the Monetary Authority of Singapore (MAS) on Wednesday arrives after the issue of money laundering…
Singapore seizes US$4.4bn in laundered cash amid scrutiny on wealth sector
Have a confidential tip? Get in touch [email protected]


