Singapore’s Biggest Ever Money Laundering Case: How Does It Affect Me? | Talking Point

At least S$2.8 billion in monies and assets was seized in one of the world’s largest money laundering cases uncovered in Singapore. How do some criminals clean their criminal proceeds, and why do they choose to do so in Singapore? And what happens to the assets seized? Host Steven Chia delves into the dark world of money laundering to find out what exactly it involves, and how does it really affect you?

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00:00 Money laundering cases in Singapore
02:06 How criminal money can be “cleaned”
05:05 Economic impact of money laundering
08:35 Are anti-money laundering checks strictly followed?
11:34 Using technology to catch potential money launderers
15:53 Where do seized assets and goods end up?

About the show:
Talking Point investigates a current issue or event, offering different perspectives to local stories and revealing how it all affects you.
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