Singapore’s clean image under scrutiny amid money laundering scandal

City-state’s anti-money laundering controls in spotlight after arrest of 10 foreigners and seizure of $1.3bn in assets.

Singapore – Singapore’s image as a squeaky-clean business hub is under scrutiny amid a huge money laundering scandal that has so far resulted in 10 arrests and the seizure of assets worth 1.8 billion Singaporean dollars ($1.3bn).

https://www.aljazeera.com/economy/2023/9/18/singapores-clean-image-under-scrutiny-amid-money-laundering-scandal