Singapore, China and a $2 Billion Money Laundering Scandal

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5 ай бұрын

Singapore has long been a haven for the super wealthy, with its low taxes, safety and stability.Threatening to upend that carefully crafted image, however, is a sprawling $2.2 billion money laundering scandal. Though the vast majority of investment in the city-state is above board, its famous openness to inflows is now under scrutiny.
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Пікірлер: 372

@business 5 ай бұрын

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@dongshengdi773 4 ай бұрын

Singaporeans do this all the time

@silverchairsg 5 ай бұрын

I'm Singaporean, and I'm really mad at this. So much dirty money passing through my country, and I don't even get a cut.

@tdigital2597 5 ай бұрын

😂😂😂😂

@John_Smith_86 5 ай бұрын

Didn't you already received your Government cash vouchers and rebates? That is effectively your share of the cut, from the revenues earned

@davidanalyst671 5 ай бұрын

This video was made by bloomberg. A democrat in the USA. Is there a reason he is saying Singapore has dirty money when Jeffrey Epstein laundered 10X this much money inside the USA? and got away with it for 30 years until Trump called his bluff?

@NicotineftCoffeeFlavoredWater 5 ай бұрын

Get in on it, facilitate some

@rg1924 5 ай бұрын

It used for drug money

@davidrichards1741 5 ай бұрын

This is nothing. Don't forget that for a century or more, Switzerland specialized in coaching & helping customers evade taxes of other countries and helped by hiding their money in secret accounts.

@epicmetod 5 ай бұрын

i wonder if CERN is another money laundering, they cool nevertheless

@harry797442 5 ай бұрын

Well its nothing is it, big money is moving. Bigger money might be else where, but its not invalid.

@davidrichards1741 5 ай бұрын

@@harry797442 The point is that corruption is a fact of life everywhere and there are much bigger fish in Switzerland and especially where most of the dirty money is - in the US which has an abundance of financial crime whilst hypocritically exempting itself from regulations that it imposes on all other nations vis a vis US citizens, for example FATCA.

@ViolentCabbage-ym7ko 5 ай бұрын

whataboutism comment right here

@saasasasassasa 5 ай бұрын

@@davidrichards1741 Same. Switzerland for US, Singapore for China which is much more corrupt

@Re_RAM 5 ай бұрын

How is HSBC not involved?!😂

@maestrovso 5 ай бұрын

And they don't realize Credit Suisse is long no more.

@wolfbane8290 5 ай бұрын

HSBC shifted their headquarters to London a while back. They doubled down on their British structure when Xi & the CCP started absorbing and governing Hong Kong.

@Danji_Coppersmoke 5 ай бұрын

2B is way too small...

@davidrichards1741 5 ай бұрын

@@wolfbane8290 That's symbolic HQ. The function HQ is in HK. Asia has more people, economy, and wealth than the rest of the world combined today. The entire real UK economy is smaller than several Chinese *cities* lol. HSBC is mostly in Asia, focused on Asia, and rapidly closing throughout the west. HSBC bank recently left US and Canada.

@letitiaprincess1125 5 ай бұрын

Because of US sanctions. As long as the transactions are conducted in USD whether the transaction took place in Singapore or elsewhere, the bank will be fined in millions of $$$. And HSBC has been fined heftily before 🤣Also, do you still remember Huawei’s Meng case? HSBC had to expose her otherwise the bank would be in deep trouble 🤣

@bbnv185 5 ай бұрын

That's why, in May 2023, a group from the Cayman Islands went to Singapore and Hong Kong. They aimed to make progress in opening an office in either city. The Cayman Islands are trying to keep up with Singapore and Hong Kong, which are becoming popular places for Asia's hedge funds and wealthy people to keep their money.

@johnnynephrite6147 5 ай бұрын

In March of 2006 I was in the DBS Bank on Orchard Rd in Singapore. A guy from China was was also waiting for a bank agent to serve him. He opened his bag and proceeded to pull out brick after brick of Chinese 100 yuan notes. He had no less than 2 dozen of these stacks of cash. Later I estimated that each stack was 100,000 yuan for a total of around $75,000USD. I asked my real estate agent who was helping me find an apartment. She said mainlanders routinely bring wads of cash into Singapore. In fact she had helped a 12 year old Chinese mainland boy rent an apartment as his parents had sent him to Singapore to attend school. He arrived alone by plane with a similar bag full of cash. Corrupt banking involving illicit money is as common as a bowl of steam boat or curry crab.

@Fr.VeniceLAI 5 ай бұрын

Precisely, Singapore is the World's rank 3rd Important Financial Centre, becos of such incredible efficiency to deal with Depositors' / Investors' monies; CASH / BANK DRAFTS / SWIFT REMITTANCES / Foreign Currencies futures / trading etc. etc. Personally, also encountered to declare CASH equivalent amount of SGD20,000 /- higher to ICA officers, at Singapore Airport, with documentations/source of the origin of the CASH and purpose of such importation. Actually, myself finding your story of a local bank, DBS Bank accepting stacks and stacks and stacks of Chinese Yuan 100 Cash notes making deposits, seemingly not possible, as if not mistaken, Singapore DBS Bank, does not accept direct physical Foreign Currency CASH bill notes deposits, only in Singapore Dollars Bill Notes. Are sure of this re-collection, or mistaken in Hong Kong, the Branch of DBS Bank there ??. Or the Chinese National observed, were depositing Stacks of Singapore 100 bill notes, where its orange color may be mistaken for the pink colored Chinese Yuan 100 bill notes?

@johnnynephrite6147 5 ай бұрын

@@Fr.VeniceLAI LOL you mean crooks. LKY and the whole lot of them are corrupt. Prostitution is rampant in SG, just go to Geylang and see it on the streets.

@donswee914 5 ай бұрын

Curry crab is quite hard to find.

@robertlee6338 5 ай бұрын

Lol just make things up

@Davos-st8ok 5 ай бұрын

Cute story, but that didn't happen. You can't bring in bags of cash into retail banks, this is not a cartoon.

@Qoonutz 5 ай бұрын

The world's most efficient laundromat - Singapore.

@lesterksi4521 5 ай бұрын

Without dirty money, Singapore will collapse. Same with other financial centres.

@ggc7318 5 ай бұрын

and those from Indonesia, Russia, and the Middle East😅

@hijazzains 5 ай бұрын

Songapore GDP is inflated by these dubious financial transaction and services...its manufacturing and service sectors are too small to make up its GDP. Despite its gdp per capita its ordinary citizens purchasing power is not much different from its neighbours middle class.

@jesseye33 Ай бұрын

⁠@@hijazzainsI don’t think you have been to Singapore. It’s definitely not the same as Malaysia Thailand etc. maybe only comparable to HongKong

@user-pt2pc5uf1g 5 ай бұрын

They knew abt this kind of dirty money all along. The Indonesians hv been doing this before the mainlanders came. The decision to zoom in came only when the price is right.

@alaina.vittoria1484 5 ай бұрын

Indonesian chinese you mean. Not all Indonesians are rich la

@asi-oquabassey1999 5 ай бұрын

If the dirty money flowing through Singapore somehow helps to expand their economy, then I'm afraid I fail to see how the government would enforce any measures that at face value could negatively affect their economic growth.

@RUHappyATM 5 ай бұрын

I agree. SIn has always depended on foreign money.

@Unazaki 5 ай бұрын

Thing is though, Singapore built its reputation as 1 of Asia's cleanest places to do business, so having such a thing like this happening is an incredible stain on the country, especially considering the sheer scale of what was uncovered. I'm more of the view that they will try and stamp this out very hard and close the loopholes that were used to facilitate this whole operation because not doing so would significantly reduce Singapore's standard in the world of finance and business, which in turn could lead to investments being channeled elsewhere.

@RUHappyATM 5 ай бұрын

@@Unazaki It's all smoke and mirrors.

@joechang8696 5 ай бұрын

its worked pretty well for UK

@beepboopbeepp 5 ай бұрын

Same as London in the UK

@CameronAdamsify 5 ай бұрын

If the system managed to pick it up, and the authorities acted on it, to me that means the system is working. What is Singapore without their credibility? That's their biggest currency, after all. I think the problem for SG authorities is trying to trace down the illicit gains of wealth without, ruffling the hairs of some very important people in - for example - the Communist Party of China. They want to clean up shop, but not upset a key trading partner

@malekzin4788 5 ай бұрын

For every case opened and prep caught, how many gone under the radar. 1MDB scandal went through Singapore banking system and no one is charged.

@davidrichards1741 5 ай бұрын

Greetings from Singapore. The chinese government does NOT nor need to launder profits via Singapore; it just brings them to China and buys gold. That's why China has 200K metric tons of audited physical gold today worth $18-trillion, more than all other countries combined.

@CameronAdamsify 5 ай бұрын

@@davidrichards1741 you’re looking at it wrong. Not the CCP as its own, whole entity. But certainly individuals who’ve benefited from any position they may hold within the Party

@davidrichards1741 5 ай бұрын

@@CameronAdamsify Possibly so but this pales compared to the corruption, bribery, and illegal insider trading conducted bu US politicians. Nancy pelosi is a half-billiionare on an $80K svg lifetime salary, Obama owns two $16M houses after lifetime earnings of $3.2M before tax, etc. The list is endless and it doesn't add up, does it.

@jbrkjferkjbekjb 5 ай бұрын

based on your logic the system will always be working to you, because if it doesnt pick it up you wouldnt know

@ShootingStar_JB 5 ай бұрын

People are sickened...until they are bought.

@LordBagdanoff 5 ай бұрын

Just too expensive living there. Look at the property prices

@benitzers8858 5 ай бұрын

"The issue is, Singapore operates with strict governance, limiting public dissent, which has led to concerns when it comes to purchasing property or a vehicle."

@marcussver620 5 ай бұрын

yes

@Unazaki 5 ай бұрын

When was this mentioned in the video? O.o

@Horus-j3f 4 ай бұрын

Based.

@oiramsq73 5 ай бұрын

...wait...wait... wait... people are JUST figuring this out? Nice work!

@davidanalyst671 5 ай бұрын

Jeffrey Epstein laundered 10X as much money and influence through the USA banking system. Where is the bloomberg special on that

@ArabicReja973 5 ай бұрын

The $2B money laundering case shows Singapore 🇸🇬 is a haven for Chinese money laundrers. This is only a floating part of an iceberg.

@AhmetTekin101 5 ай бұрын

@@mingzmings88Any report on what you said or you are just trying to smear?

@matthewpeloso2172 27 күн бұрын

Not just Chinese. SG is a pupular hub for laundering and tax avoidance.

@nedergubis2638 3 ай бұрын

Many colluded.

@albertwinston5730 5 ай бұрын

The system is running at par, maybe better. It's got one of the best bank secrecy laws in the world, that's how they keep the country so well maintained. It's Asia's Swiss, what do you expect.

@Parakeet-pk6dl 5 ай бұрын

There is no such thing as non dirty money, only legalised crime.

@benh4341 5 ай бұрын

🥱🥱

@Kilimanjaro5896 5 ай бұрын

No wonder mainlanders are parking their families and wealth in SG. Pity the locals, though.

@HCL882 3 ай бұрын

What a very light sentence

@stantalovesalisia 5 ай бұрын

one coin has two sides, letting money flowing in def. attracts money laundry or "dirty" money.

@RUHappyATM 5 ай бұрын

SIN now finds it made a deal with the D*vil?

@davidlim4602 5 ай бұрын

Above board or Under board, still uses the same board, by simply flipping over.

@benitzers8858 5 ай бұрын

yes

@KhanG-uz6ee 5 ай бұрын

Amazing

@marcussver620 5 ай бұрын

yes

@Nontacticalboy 5 ай бұрын

Thats the whole idea of printing the SGD$10.000 bill.

@windydragon6522 5 ай бұрын

Someone did say he’d welcome billionaires to Sg. How would his underlings take to his wish?

@mxy221 5 ай бұрын

Credit Swiss bank just can’t escape from any scandals hahaha

@jonyq 5 ай бұрын

That old dude on the bicycle might have simply been on his way from his penthouse in Marina One get lunch at One Raffles Place.

@alaina.vittoria1484 5 ай бұрын

You never know. Probably the mastermind behind it all. That's why never get caught.

@fanyong7883 5 ай бұрын

Yes agreed

@adamchan1998 5 ай бұрын

Isn't that how Singapore maintained its status?

@endor8witch 5 ай бұрын

exactly. it's "don't ask, don't tell". not sure why this case was made public in the first place cause it's just the norm

@adamchan1998 5 ай бұрын

@@endor8witch It's advertisement, "we are open for business"

@endor8witch 5 ай бұрын

@@adamchan1998 🤣🤣🤣

@reatile 5 ай бұрын

@@adamchan1998😂😂 they are way too lenient in Singapore with foreign money 😂

@endor8witch 5 ай бұрын

singapore has always looked the other way to foreign money, no questions asked. this is nothing new. im surprised this news broke - or allowed by the government to be mentioned.

@vfclists 5 ай бұрын

Only $2.2 billion? Try London

@garywilliams7086 4 ай бұрын

A conservative estimate that £100 billion is washed through London every year

@SeeStars65 5 ай бұрын

If you need to wash the dirtiest money you go the best laundromat ie one with most restrict AML policy. Looks like someone was sleeping.

@marcussver620 5 ай бұрын

yes

@scottsanett 5 ай бұрын

What Singapore is to mainlanders now is essentially HK 10 to 15 years ago. Singapore needs to learn the lesson of HK.

@pushslice 5 ай бұрын

Is there a commonality between the perpetrators of these dirty illicit activities? Asking for a friend .

@commentatorxyz5514 5 ай бұрын

There is a belief among responsible tax professionals in Australia that any client whose money is coming from Singapore should be heavily scrutinised or better be avoided. They know the Australian Tax Office will put an end to their professional career if something goes wrong.

@Thekidisalright 5 ай бұрын

Yet among all corruption index around the world Australia always ranked lower than Singapore lol

@davidrichards1741 5 ай бұрын

Yet the US has by far the most dirty money & corruption in the world. The entire continent of Latin America, Central America, plus all the corrupt US politicians launder many trillions yearly in the US, which refuses to comply with standard CRS, AML, AEOI global standards agreed on by all other nations, because the US knows almost all its cash inflows is dirty but US needs it to stay financially afloat.

@commentatorxyz5514 5 ай бұрын

@@Thekidisalright Yet Singapore is always ranked lower than New Zealand. So what? Neither Australia nor New Zealand is acting like we're better. The dodgy elements are still there hiding in plain sight in Singapore. You can act like rest of the world doesn't notice crime in Singapore, but it does.

@Marcus-kc6pr 5 ай бұрын

Cringe u can’t name 5 that think that LOL acting like most of the money in singapore is dirty

@davidrichards1741 5 ай бұрын

@@commentatorxyz5514 In fact there's more crime in Australia in a week than there is in Singapore in a year. Reutrn it to its rightful owners.

@containedhurricane 5 ай бұрын

It's similar to Switzerland and Panama

@defaultuser666-wo2ex 5 ай бұрын

What about kleptocrats from neighbouring countries? Sarawak ministers for example.

@RUHappyATM 5 ай бұрын

True.

@danuaditya642 5 ай бұрын

...or Suharto?

@Resol26 5 ай бұрын

yup, they keep their stash in SG. Very secure & safe,

@jameslim3850 5 ай бұрын

So what happens to all the money & assets the Singapore government confiscated? Are they going to be returned/shared to the people and developments or just kept for the authoriteies own use? People need more transparency

@alaina.vittoria1484 5 ай бұрын

What do you think? The government is angry not because bad people abused their system to profit, but rather because they didn't get a cut of those wealth obviously

@oicmacbens8788 5 ай бұрын

always remember money makes the world go round, so it's either you ride with the wave or go against it.

@SonnyDarvishzadeh 5 ай бұрын

7:17 "so we have to ask ourselves, what can we do better?" that's what I love to hear. Unlike Germany where people tend to use weaker and poorer countries as examples to say they're doing better than them. If you're number 1 in the world, you can still do better and remain number 1.

@MeiinUK 2 ай бұрын

From this report it's obvious they are not poor. At all. Why can they have many children while the West are continuing abortions ? Noticed the differences ???...

@matthewpeloso2172 Ай бұрын

Yes, they need to do better covering it up.

@lastChang 5 ай бұрын

The Singaporean government had known about Chinese 🇨🇳 money laundering organizations operating in Singapore 🇸🇬 for a long time but *quietly looked the other way.* - Singapore only started investigating them when there were reports circulating around in the West.

@NewmaticKe 5 ай бұрын

Oh and we should believe you😂

@AhmetTekin101 5 ай бұрын

@@NewmaticKeWho's "we"? The Chinese?

@jirehrophe 5 ай бұрын

And we should listen because lastChang represents the pinnacle of truth and impartiality 🤣

@fanyong7883 3 ай бұрын

Money from mainland china make Singapore more expensive for the local people to keep up prices of housing skyrocketing .in the 8:56 end, Singaporean cannot afford to buy affordable houses for low and middle income group. No matter how smart pm or policy maker , please don't go to Singapore invest.

@krisoni450 3 ай бұрын

very rare to read comments like yours.. but it must be exposed singapore is just a refugees country from china, criminals escape to. so beware.

@swjhc6358 5 ай бұрын

I thought this is Singapore main attraction..... Swiss do this too right......

@hiddenname9809 5 ай бұрын

I thought Singapore does not have corruption problem.

@teykengwei 5 ай бұрын

Anti corruption is exactly why this case got cracked down.

@wadeboggs5163 5 ай бұрын

Every financial hub has dirty money flowing through it. A minute video that somehow managed to say nothing.

@dreamsky999 5 ай бұрын

Switzerland of Asia

@RUHappyATM 5 ай бұрын

And the Swiss aren't clean either.

@fleischwolf82 5 ай бұрын

@@RUHappyATM it may have been a decade ago. Nowadays not anymore.

@maestrovso 5 ай бұрын

Cannot agree more.

@Matti_us_Alpe 5 ай бұрын

@@RUHappyATM I really dislike when USA and their media go around the world pointing finger at "dirty money states" while being themself the biggest "dirty money state". Cheers from Switzerland.

@Matti_us_Alpe 5 ай бұрын

And USA?

@nmbileg 5 ай бұрын

I’m not into finance but any ordinary people can see that a sizable amount of money in the global finance system is a dirty money, I’d say 10-20%. In Singapore’s case, you can’t filter all the predators in the ocean.

@davidrichards1741 5 ай бұрын

The worst of all by far is the US. Becuase nothing there is enforced or reported. The US is the only nation to not report accounts but it forces all other countries to report all data to the US. Hypocrites as usual. US also refuses to comply with international CRS, AML, and AEOI standards that almost all other nations have agreed to.

@xtreame 5 ай бұрын

Where iswaran?

@eddyp2002 5 ай бұрын

i'm not surprise.

@bydeena 5 ай бұрын

Temasek Holdings?

@tkyap2524 5 ай бұрын

Dirt is everywhere. It's how the cleaning is being done that's important. This is an open country and therefore its hospitality can be abused.

@g.aquino 23 күн бұрын

Very clever of SG government to accept the illicit money but NEVER let it get back to the hands of these launderers. A monetary black hole!

@ArabicReja973 5 ай бұрын

Zaobao has published dentical columns as the China Daily, blurring the line between Chinese 🇨🇳 state media and this privately held Singaporean 🇸🇬 newspaper.

@take2762 5 ай бұрын

I assure you nobody young reads zaobao. The chinese textbooks are enough. As for the older generation, they are already mostly pro china.

@AhmetTekin101 5 ай бұрын

@@take2762Yeah, but why Singapore allows that?

@rhesaramadhan8474 5 ай бұрын

Not surprising from a place once known released a 10000 Singapore Dollar banknote. I mean, that's a very HUGE amount of money in a single banknote.

@n2ni 5 ай бұрын

These notes are harder to use in the real world. Long time ago when my mom brought me to the bank, she deposited $10K notes and she is required to bring her identification card as well as verify where the funds are sourced from. If anything, these are sort of a "trap" for money launderers.

@w3s77 5 ай бұрын

Singapore is a sunny place for shady people. Banking system cracks down on small operators, but lets big corrupt fish swim freely in their system. Terrible place for international banking for anyone with less than a few billion who can bribe government officials for a few million. Singapore officials don't care if they are catering to the worst people in the world, as long as they keep 10 figures in the banking system.

@tjm2218 5 ай бұрын

You have no idea what your talking about.

@w3s77 5 ай бұрын

@@tjm2218 please provide evidence. COE $100k, Honda Accord over $200k. Actual price is $250k USD. Banking, try to open international account with less than $10 mil, no chance. $100 mil + banks will charter private jets. This is Singapore.

@ggc7318 5 ай бұрын

The toilets are clean but money is dirty.

@teckhocktan5696 5 ай бұрын

@@tjm2218 So innocent. So cute.

@sajeelqayyum3363 5 ай бұрын

do a similar report on london and swiss money launderers through off shore tax heavens of british common wealth islands

@bayestraat 5 ай бұрын

At least the over $2B were actually gained from the exchange of goods or services, where there are mostly proponents whom got what they paid for illegal or not, and those gains would flow back into the economy anyway- whereas $2.6B in Malaysia... lol I dont think we need a further description of what happened there.

@vmoses1979 5 ай бұрын

1.5 trillion of 'investment' in 2022 - is that just foreign money parked in banks or is there actual productive investment in Singapore's economy? Being a financial warehouse provides little toward the broader economy beyond a small numbet of ppl working for financial institutions.

@codylim1 4 ай бұрын

1:41

@LordBagdanoff 5 ай бұрын

Ha ha imagine how many of these been going on for years until now

@wumingkkk 5 ай бұрын

Singapore's thirst for money is known. It is a business country rather than just a country, unlike US or China. It opens up to anyone who can throw money into the country. Hope the money laundering issue can wake up these bunch of politicians to look more into this open economy.

@godsamazinggrace5331 5 ай бұрын

That tiny winy island is filled with Greed

@maestrovso 5 ай бұрын

All the world's major financial and banking centers have the same problems. Name one for me that is better. They are incentivized to bank with dirty money, and their vibrant economies depend on it. There is no upside for cracking down. They always rationalize to their conscience and moral bearing, if any left, like drug cartels that if I don't do it someone else would. I am not making excuse for Singapore, but just stating the fact.

@stanlc3957 5 ай бұрын

Is there a Bloomberg series on other financial centres like London and New York?

@jameslim3850 5 ай бұрын

The way says its his system and NOT "our" or "Singapore's" at 07:54 shows the impression as if that the country only belongs to them. Best to say our system instead of just my system.

@lhooi101 5 ай бұрын

I think you might be projecting a little here. The government runs and implements a system to run the country, so he may be referring to it as a system that he put in place

@oldschooldamnawesome 5 ай бұрын

That's like all the financial institutions and they want to blame crypto, they are just as dirty.

@kelvin.008 5 ай бұрын

Why do you think Singapore home and car prices are amongst the highest in the world!😂

@exoticredtadpole2713 5 ай бұрын

Car prices yes, home not even close to many nations.

@KironManuelCards 3 ай бұрын

Look even Singapore has such cases. In other countries we can improve our lives too.

@gaberielherendez8767 27 күн бұрын

Is it wechat or weeboo

@user-hv8fi3hm4y 23 күн бұрын

often the poorest are the most generous

@scottmarquardt3575 4 ай бұрын

Malala and Java have the most dangerous climate and tectonic position on the planet. Nothing like Hong Kong or Singapore. Maybe new Clark City in -Louisiana- Luzon is the answer for room to move.

@ryanching8 2 ай бұрын

Lin Baoying and Zhang Ryujin Has Partner in Philippines Called" Alice guo". A Local Mayor suspected chinese spy and connected to Chinese online gambling.

@BIBIWCICC 5 ай бұрын

This is nothing compared to the money laundering in Gibraltar.

@mdee8784 5 ай бұрын

Don’t be fooled this tiny island stinks to high heaven..

@kaufengshan3798 5 ай бұрын

Everyone in their street know their country are money laundry center only the authority don't know or pretend noting happen

@NicoparaDEV 5 ай бұрын

2 billion dollar? Wow almost 1/1000 of what the US spends on the military

@MyThought2024 5 ай бұрын

Singapore so stringent and calling itself a financial hub. How could it be a laundering hub. Already 1MDB a big deal now this one a syndicated .... who else involved.... How such a large amount go undetected. A big fish ...:or fishes....

@scottstempmail9045 5 ай бұрын

I wish my country would prosecute these things. For us it's business as usual.

@krishnakethan 5 ай бұрын

Isn't this vox music ?

@vasavapr 5 ай бұрын

Wherever there is financial crimes, you can be sure that Switzerland's name will come up for sure.

@christopherlaw9184 5 ай бұрын

WHAT!!?? USD$2b only??!! In Vietnam, a well known Vietnamese businesswoman fraudulently took USD$44b‼️😳

@hyn__als 5 ай бұрын

Heard about that case, but i thought it was just $18b, do you mind enlightening me 😂

@emalejack 5 ай бұрын

What do you do with the billions? Please distribute to the poor community…..it’s not a legal earnings so the gov shouldn’t keep them as this are unethical, is like robbing

@Bambotb 5 ай бұрын

How is them winning online betting which isnt illegal outside china money laundering ? Lol ridiculous

@otron805 5 ай бұрын

Illegal Online gambling and Fraud, stealing money from mobile banking app should be arrested !

@Kiminoyana 4 ай бұрын

Dirty Money flowing?hahaha shower it all around

@sierravictor8667 4 ай бұрын

Singapore - an Asian Switzerland. Family Office - Govt Endorsed Shell Company

@kingranchlampasas 5 ай бұрын

These are not criminals, because gambling is not a crime. Where is the victim?

@hafizhaniff4429 5 ай бұрын

Its illegal bcos gov cannot tax u.

@subonium 12 күн бұрын

So funny! Have Singapore investigate and refund those dirty money of Indonesian politicians to Indonesia??

@crsmja 4 ай бұрын

London, New York are all the same so I would not be throwing too many stones in your glass houses

@nd7908 5 ай бұрын

In every country facing lot of problem . Rich growth richer but middle and lower case become poor , Because of house rent increases. The government ownt take steps its becoming biggest fall of the richest cities . House renting rise every thing becomes rice .

@annew.1 5 ай бұрын

I will be passing through SIN later this year. Can give me special red envelope?

@Millano18723 3 ай бұрын

They should back to Malaysia.

@ViolentCabbage-ym7ko 5 ай бұрын

Singapore does not have natural resources and depend on high FDI to grow the economy. That's why DBS was fined over S$1 million for being tied to the 1MDB money laundering case

@roy1299 5 ай бұрын

Cars arent even beneficial in the first place. Two cents

@paulpoon7253 5 ай бұрын

Too open to be imbalanced‼

@junielesparas8018 25 күн бұрын

Singapore is just like hong kong😂

@emilytan371 4 ай бұрын

They not only scam ur country ..they also scam in malaysia country ..

@dan1327 5 ай бұрын

Do you really think all these people that are caught have these kind of money? There are top or higher rank/company behind all this money laundering cases. These is a large sum you are talking about.