S$2.8B money laundering scandal may have ties with family offices

SINGAPORE: Minister of State Alvin Tan said in Parliament on Tuesday (Oct 3) that at least one of the individuals involved in the S$2.8 billion money laundering scandal may have been connected to single-family offices given tax incentives. “Ongoing investigations and supervisory engagements suggest that one or more of the accused persons in this case … Continue reading S$2.8B money laundering scandal may have ties with family offices