Singapore’s Money-Laundering Scandal: Endemic to the System
Banking secrecy tests international law and practice
Between 2020 and 2022, Singapore police investigated more than 19,000 suspected “money mules” who might be using their accounts to move drug money. About 250 were prosecuted, police told local media. Somehow, however, while authorities found the time to investigate 19,000 suspected money mules, they appear to have been unable for a much longer time to f…
Keep reading with a 7-day free trial
Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.