Are banks in line ?

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abbby: Manager; Posts: 1782; Joined: Thu, 21 Jul 2005 3:00 am; Answers: 2; Location: Tiny Island

Are banks in line ?

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Post by abbby » Fri, 25 Sep 2020 9:41 am

Allowing so much money to flow in...transactions seems highly suspicious.

https://mothership.sg/2020/09/what-are- ... 8UeFV0qnM0

The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)

tt1973: Chatter; Posts: 177; Joined: Mon, 09 Sep 2019 3:14 pm

Re: Are banks in line ?

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Post by tt1973 » Tue, 29 Sep 2020 11:09 pm

This has been ongoing for god knows how many years. It is only recently that the SG gov is paying more attention.

Lots of shady money into SG property market especially.

PNGMK: Moderator; Posts: 8778; Joined: Thu, 21 Mar 2013 9:06 pm; Answers: 2; Location: Sinkapore

Re: Are banks in line ?

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Post by PNGMK » Wed, 30 Sep 2020 9:02 am

the only time the Singapore gahmen care is when their ability to transact with corresponding banks is affected. the DOJ put Singapore on a 'gray list' about a decade ago and they cleaned up a bit then.

I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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