In Singapore’s S$3 billion money laundering case, members of the ring had bought expensive real estate and other types of valuables.
Did the bankers, real estate agents, conveyancing lawyers and other sales intermediaries all carry out the necessary anti-money laundering due diligence checks? Were suspicious transaction reports filed? If so, what were the authorities’ responses? These questions were asked by MP Dennis Tan in Parliament on Tuesday .
Did the bankers, real estate agents, conveyancing lawyers and other sales intermediaries all carry out the necessary anti-money laundering due diligence checks? Were suspicious transaction reports filed? If so, what were the authorities’ responses? These questions were asked by MP Dennis Tan in Parliament on Tuesday .
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