- Joined
- Apr 26, 2014
- Messages
- 2,482
- Points
- 48
In a Business Times' report "Singapore’s anti-money laundering regime sound, but banks can ‘dial up scrutiny’ on property financing: DBS’ Gupta" DBS CEO was quoted to have said that Sinkieland's AML regulations were sound. (Source: https://www.businesstimes.com.sg/si...nd-banks-can-dial-scrutiny-property-financing)
Piyush Gupta lied through his teeth.
In 2014, funds amounting to millions of ringgit were laundered through Sinkapore, specifically DBS, to *Bossku's account in Malaysia.
*Bossku a.k.a Najib R. a.k.a. World's worst kleptocrat (according to USA's Department of Justice)
*AML a.k.a. Anti-Money Laundering
No action was taken against the CEO of DBS because he is "protected" by Pinky's wife, the latter being the mother of the future 5th prime ministar.
Two other incidents showed that Sinkieland's AML regulations are inadequate. They are:
(a) Kee Kok Thiam, one of the associates of Jho Low a.k.a. Low Teck Jho had millions of dollars laundered through Sinkapore.
(b) Jasmine Loo Ai Swan, former head of legal department at 1MDB, laundered millions of dollars through Sinkapore. She had been a fugitive of the law for about five years until her surrender to Malaysian police on July 7, 2023.
Both Kee and Loo each had been served warrants of arrest by the Malaysian government under the administration of Mahathir-Anwar.
Monetary Authority of Sinkapore could have taken action against them but it didn't.
Piyush Gupta lied through his teeth.
In 2014, funds amounting to millions of ringgit were laundered through Sinkapore, specifically DBS, to *Bossku's account in Malaysia.
*Bossku a.k.a Najib R. a.k.a. World's worst kleptocrat (according to USA's Department of Justice)
*AML a.k.a. Anti-Money Laundering
No action was taken against the CEO of DBS because he is "protected" by Pinky's wife, the latter being the mother of the future 5th prime ministar.
Two other incidents showed that Sinkieland's AML regulations are inadequate. They are:
(a) Kee Kok Thiam, one of the associates of Jho Low a.k.a. Low Teck Jho had millions of dollars laundered through Sinkapore.
(b) Jasmine Loo Ai Swan, former head of legal department at 1MDB, laundered millions of dollars through Sinkapore. She had been a fugitive of the law for about five years until her surrender to Malaysian police on July 7, 2023.
Both Kee and Loo each had been served warrants of arrest by the Malaysian government under the administration of Mahathir-Anwar.
Monetary Authority of Sinkapore could have taken action against them but it didn't.
