Singapore Tightens Money Laundering Rules After $2.2bn Scandal

A Singapore court has jailed two men charged over a $2.2-billion money-laundering case, which had put a spotlight on the city-state’s handling of financial crime. The case is believed to have led to stricter scrutiny of wealthy individuals looking to set up family offices in Singapore,…#singapore #southeastasian #asiasentinel #xinhuameanwhile #suwenqiang #cambodian #suhaijin #philippines #cypriot #s170million
Source: Reuters: Health - Category: Consumer Health News Source Type: news