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The Asian Affairs > Latest News > Money-laundering

Tag Archives: Money-laundering

why is singapore a money laundering hot spot
Singapore

Why is Singapore a Money-Laundering Hot Spot

By The Asian Affairs
May 7, 2024
in :  Singapore

Singapore is today the center of foreign trade and finance in the Asian area because of its strategic location and stable government. Its excellent location makes this the case. Many factors affect the country’s capacity to draw a broad range of foreign financial transactions. Among these are the tax regulations, ease of doing business, and sophisticated financial system of the …

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NickyLiowSoonHee
Malaysia

Authorities apprehended fugitive businessman Nicky Liow after voluntary surrender

By The Asian Affairs
April 12, 2022
in :  Malaysia

Malaysia – Datuk Seri Nicky Liow Soon Hee, a fugitive businessman sought for various money laundering and commercial crimes offenses, was apprehended today by authorities after surrendering to police after a year-long search. Liow presented himself at the CCID headquarters in Jalan Tun Razak at 11 a.m., according to Bukit Aman Commercial Crime Investigation Department (CCID) director Datuk Mohd Kamarudin …

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