19-08-2023, 08:58 PM
https://www.facebook.com/story.php?story...Z9uLZUmrGl&id=100050413633072&sfnsn=wa&mibextid=RUbZ1f
Shortly after Chinese foreign minister Wang Yi’s visit to Singapore a large number of PRC Chinese Nationals were arrested for Money Laundering. The timing cannot be coincidental. As usual it takes foreign pressure before we crack down on these activities. Just as it took proof from German courts about F1’s Ecclestone paying bribes and a U.K. HMRC investigation into his tax issues involving a Singapore bank, for the bank to be overhauled and three other Singapore financial institutions with it. Not forgetting a subsequent CPIB probe into Iswaran and Ong Beng Sen. If the PAP regime is only able to discover money laundering and other criminal activity in our banks after outside and foreign pressure what does that say about us? If we provide a warm welcome to very dirty businesses like F1 and Casinos then we can’t expect to escape without a stain on our “squeaky clean” reputation.
Meanwhile the money laundering activity pushes up asset prices and makes property unaffordable for Singaporeans and of course car ownership as well. Of course the Rajah’s of Ridout have locked in their rent prices for 9 years so they’re sitting pretty.
Shortly after Chinese foreign minister Wang Yi’s visit to Singapore a large number of PRC Chinese Nationals were arrested for Money Laundering. The timing cannot be coincidental. As usual it takes foreign pressure before we crack down on these activities. Just as it took proof from German courts about F1’s Ecclestone paying bribes and a U.K. HMRC investigation into his tax issues involving a Singapore bank, for the bank to be overhauled and three other Singapore financial institutions with it. Not forgetting a subsequent CPIB probe into Iswaran and Ong Beng Sen. If the PAP regime is only able to discover money laundering and other criminal activity in our banks after outside and foreign pressure what does that say about us? If we provide a warm welcome to very dirty businesses like F1 and Casinos then we can’t expect to escape without a stain on our “squeaky clean” reputation.
Meanwhile the money laundering activity pushes up asset prices and makes property unaffordable for Singaporeans and of course car ownership as well. Of course the Rajah’s of Ridout have locked in their rent prices for 9 years so they’re sitting pretty.