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Singapore s banking giants entangled in US$740 million money laundering scandal

The scandal has raised questions about crash barriers against illicit money flowing into one of the world’s most important financial hubs.

Singapore Money Laundering Case Embroils Its Banking Giants

(Bloomberg) Some of the biggest local and international banks in Singapore are becoming embroiled in one of the city-state’s largest money laundering cases involving more than S$1 billion ($740 million) of assets.Most Read from BloombergSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantS&P 500 Hovers Near 4,500 as Yields Drop on Data: Markets WrapWhat

Laundering scandal ensnares Singapore banking giants

Laundering scandal ensnares Singapore banking giants
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