Singapore Asks China For Information on Frozen Remittances

[GBC]

alot of tiong in SG always say how great is CCP. How great is tiongland
money kanna eaten by their country

Practically all countries freeze and confiscate assets in accounts used for money laundering.. SG is no exception either.

 

[Kunkka]

I agree if China govt can prove it is ill gotten gains in their territory.... but now this is a separate case....it is like I threathen you with self hurt on me to "exort" money from you

i think remittance to china is like nothing compared to prosecuting such big crime lords. they rather prosecute the criminals and deal with the proceeds

 

[pwongkk]

It’s their own citizens money lol

I hope we don’t waste any more taxpayer money follow up on this

Let's see if pappies will be ignored.

 

[pwongkk]

Such a big disappointment that ccp is unable to distinguish the remitted money from money laundering.

 

[clipper]

Always use banks for remittance. There is a good reason why the fee is higher.

 

[Jo13jo]

alot of tiong in SG always say how great is CCP. How great is tiongland
money kanna eaten by their country

Mai laugh lar
We ownself also not much better, CPF goal post any how shift, until audience seat liao
五十步不笑百步

 

[Jo13jo]

Such a big disappointment that ccp is unable to distinguish the remitted money from money laundering.

To the contrary, it is they able to identify those 3rd party remittances 地下錢莊 that often deal with washing one, then close the account impacted.
Those use the 3rd party one consider themselves lucky if account kena defrost later. Hearsay some 3rd party remittance on the receiving side can run road over night, end up the one who pay for their service one 連渣都沒有

 

[Krabs.]

共同富裕

 

[clipper]

Maybe sg should ban remittance companies which outsource to 3rd parties.

Better change the rules so that remittance companies must operate accounts in merchant banks or full licensed banks before they can provide services in SG.