Haze... PSI hit 200...
PM LHL once said...If you open up your window, you get free smoke..
Vote PAP for free smoke...
Reasons for the Haze...
However, Forbes quickly reported that Singapore is believed to be "a
haven for as many as 200 Indonesians suspected of embezzlement, many
of whom fled [Indonesia] with stolen funds as the banking system
collapsed in 1997."
And read the full text..
Indonesia to go after 18 suspects
BALI - INDONESIA plans to 'go after' about 18 people living in
Singapore following the signing of an extradition treaty with the
Republic, Attorney-General Abdul Rahman Saleh told reporters
yesterday.
'There are a lot of Indonesian assets in Singapore. We need to ask for
those assets to be returned.'
Indonesia has said that the treaty would allow Jakarta to chase down
alleged corrupt officials and businessmen from the time of former
dictator Suharto.
Deputy Attorney-General Hendarman Supanji said a list of 20 people -
'suspected, accused or convicted' - had been drawn up and would be
handed to Singapore almost as soon as the signing was over, he told
reporters in Jakarta.
Indonesian Defence Minister Juwono Sudarsono said last Sept 25 that an
extradition treaty would help track down six Indonesian businessmen
living in Singapore with US$600 million (S$910 million) in government
debts.
Some 18,000 Indonesians, with a total net worth of US$87 billion, are
said to be living in Singapore.
Mr Teten Masduki, founder of Indonesia Corruption Watch, believes tens
of billions of US dollars have been stockpiled in the Republic since
the 1997 financial crisis.
Jakarta had accused Singapore of delaying the treaty for fear that the
suspects' withdrawals would shake its financial system and property
sector.
Singapore had denied it was a magnet for laundered funds, saying
adequate safeguards were in place.
LKY has been insisting that Singapore has "very strict rules to
prevent money-laundering". That's his way of saying that there is no
dirty Indonesian money in Singapore. I do agree with Lee that
Singapore's anti-money laundering rules are strict. Our rules satisfy
the international standards set by the Financial Task Force Action on
Money Laundering.
Today the MAS has regulations that spell out in great detail all the
anti-money laundering procedures that banks in Singapore must follow.
INDONESIA WILL CONTINUE TO SMOKE US IF WE DO NOT RETURN THE MONEY TO THEM...