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Ministerial statement: Indranee Rajah on anti-money laundering measures in the real estate and corporate sectors

A new inter-ministerial committee will be set up to review and strengthen Singapore’s anti-money laundering regime. Chaired by Second Minister for Finance and National Development Indranee Rajah, it will comprise political office-holders from the Monetary Authority of Singapore (MAS) as well as four ministries – Ho

Were there red flags in $2 8b money laundering case? Josephine Teo says investigations started in early 2022

In early 2022, the police launched a "comprehensive and coordinated" intelligence probe that uncovered the largest money laundering case in Singapore, said Josephine Teo in Parliament on Tuesday (Oct 3). In her ministerial statement, the Second Minister for Home Affairs told the House that the authorities acted after receiving tip-offs on suspicious activities in 2021. These "disparate information" include the.

New inter-ministerial committee to review and strengthen Singapore s anti-money laundering regime

“Where gaps are identified, we will tighten our regulations and enforcement to prevent exploitation by criminals,” says Second Minister for Finance and National Development Indranee Rajah.

Property transactions in $2 8b money laundering case likely had minimal impact on prices: Indranee

94 residential properties have been issued with prohibition orders, including eight landed homes in Sentosa Cove. Read more at straitstimes.com.

3 ministerial statements on $2 4B money laundering case today

3 ministerial statements on $2 4B money laundering case today
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