Search results
Results from the WOW.Com Content Network
Singapore billion dollar money laundering case. On 15 August 2023, the Singapore Police Force conducted an operation against money laundering. [1] It is the biggest money laundering case in Singapore, and among the biggest in the world [2], involving assets worth 3 billion Singapore dollars. [3] [4]
On a year-on-year basis, physical crime cases decreased (1.1%) from 20,193 cases (2022) to 19,966 cases (2023). [10] [11] The crimes of concern were shop theft, theft in dwelling, outrage of modesty and voyeurism. Shop thefts and voyeurism were among the cases that showed an uptrend.
A corporate collapse typically involves the insolvency or bankruptcy of a major business enterprise. A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved false or inappropriate accounting of some sort (see list at ...
The Republic of Singapore is generally perceived as one of the least corrupt countries in the world. Cases are mostly handled by the Singapore Corrupt Practices Investigation Bureau (CPIB), a government agency in Singapore that investigates and prosecutes corruption in the public and private sectors. [1] According to a Transparency International survey, an overwhelming majority of people in ...
Sembcorp Marine and Keppel Offshore and Marine merged in 2023 to form Seatrium, which is in talks to pay $110 million in a deferred prosecution agreement regarding the bribery case in Brazil, they ...
Ng Yu Zhi (born c. 1987), [1] also known as Ng You Zhi, [2] [3] is a Singaporean alleged fraudster. The former director of Envy Global Trading, he was charged in March 2021 with running the largest Ponzi scheme [1] in the history of Singapore, worth about S$ 1.5 billion.
The Corrupt Practices Investigation Bureau ( CPIB) is an independent agency of the Government of Singapore responsible for the investigation and prosecution of any possible serious or complex fraud and corruption in Singapore. The CPIB has the mandate to investigate into any acts or forms of corruption in the public and private sectors in ...
The City Harvest Church Criminal Breach of Trust (CBT) Case was one of the longest criminal trials in Singapore's history. [2] Church founder Kong Hee and five other church leaders were found guilty by a District Court on 21 October 2015 of CBT by agent after misappropriating some S$50 million of church funds. Approximately S$24 million was invested in sham bonds to bankroll the pop-music ...