10-02-2025, 09:37 AM
(10-02-2025, 08:35 AM)Scythian Wrote: CCCS has the power to investigate the malpractice of mixing cheap Russian sanctioned oil.
It's violating fair business ethics
Here is not the proper channel for your grievance
![](https://i.imgur.com/CLvY2jA.png")
Glaring loophole Singapore exports sanctioned Russian oil products to Australia
Here is not the proper channel for your grievance
10-02-2025, 12:10 PM
10-02-2025, 12:34 PM
(10-02-2025, 09:37 AM)Niubee Wrote: Here is not the proper channel for your grievance
CCCS enforces the Competition Act 2004, and has broad legal powers to investigate and penalize infringing parties.
It also enforces the Consumer Protection (Fair Trading) Act, which protects consumers against unfair trade practices in Singapore
11-02-2025, 08:36 PM
(10-02-2025, 12:34 PM)Scythian Wrote: CCCS enforces the Competition Act 2004, and has broad legal powers to investigate and penalize infringing parties.
It also enforces the Consumer Protection (Fair Trading) Act, which protects consumers against unfair trade practices in Singapore
What do you think has happened in between when a hidden loophole suddenly becomes glaring?
💎 Sparkle ✨
13-02-2025, 08:45 PM
(10-02-2025, 09:37 AM)Niubee Wrote: Here is not the proper channel for your grievance
It's not an easy structured for such large 1.8 mio tonnes Russian oil for various reasons
1. Oil traders cannot be publicly disclosed
2. Have to avoid contravening Banking system
3. Cannot used USD so only BRICS currency
4. SWIFT system banned
5. An o'seas bank willingly effect payment
6. Chinese Banks will not do it.
7. Clearly, Russia accepted Indian Rupees
The puzzle pieces fixed in perfectly.
13-02-2025, 09:07 PM
"The problem is a practical one. If you're an Australian company and you're buying something from, let's say Singapore or India or China, how do you know whether or not that originally comes from Russia?”
14-02-2025, 09:26 AM
(13-02-2025, 08:45 PM)Scythian Wrote: It's not an easy structured for such large 1.8 mio tonnes Russian oil for various reasons
1. Oil traders cannot be publicly disclosed
2. Have to avoid contravening Banking system
3. Cannot used USD so only BRICS currency
4. SWIFT system banned
5. An o'seas bank willingly effect payment
6. Chinese Banks will not do it.
7. Clearly, Russia accepted Indian Rupees
The puzzle pieces fixed in perfectly.
like detective....
Bark everyday and get nothing
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