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Singapore Ministries to address S$1.8 billion money laundering case ‘comprehensively’ in October Ministerial Statement, says Sun Xueling

The Ministry of Home Affairs, working with other Singaporean ministries, is preparing a thorough response to parliamentary inquiries about the high-profile S$1.8 billion money laundering case.

Minister of State for Home Affairs Sun Xueling said this response will be conveyed through a ministerial statement in October.

MPs from both the ruling and alternative parties have submitted a range of Parliamentary Questions due to the case’s seriousness.

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SINGAPORE: The Ministry of Home Affairs, in collaboration with other Singaporean ministries, is set to provide a comprehensive response to queries from Members of Parliament regarding the high-profile S$1.8 billion money laundering case.

Minister of State for Home Affairs, Sun Xueling, informed the Parliament on Monday (18 Sept) that this response will be delivered in a ministerial statement scheduled for October.

Given the gravity and magnitude of the recently exposed S$1.8 billion case in August, both Members of Parliament from the ruling party and those representing alternative parties have submitted a range of Parliamentary Questions.

These questions aim to thoroughly examine the matter and seek clarification from the relevant authorities.

In total, there have been at least 32 Parliamentary Questions filed on Monday covering a wide spectrum of issues related to the money laundering case.

Among the topics explored by fellow MPs are the scrutiny of the Singaporean government’s efforts and effectiveness in uncovering money laundering crimes and forgery of documents.

Furthermore, some MPs have raised concerns about the effectiveness of the current practice of suspicious transaction reports (STR) in detecting suspicious property transactions.

They have also sought to scrutinize the protocols for real estate transactions involving foreign nationals, including whether background checks are conducted on foreigners before granting approval for the purchase of landed residential properties.

Assets involved in the high-profile case balloon to S$1.8 billion

On 15 August, 10 suspects were arrested in an islandwide anti-money laundering probe mounted by the police in an operation that has been described by the prosecution as unprecedented in size and scope.

A billion dollars worth of assets were seized – including luxury cars, houses and cash.

The ten accused, including nine men and one woman aged between 31 and 44,  have different nationalities but share a common origin in Fujian.

Some of the 10 suspects involved in the scandal had established ties to Singapore prior to 2020, according to local business filings.

On Tuesday (5 Sept), prosecutors revealed to the Singapore High Court that the police have seized control of more than S$1.8 billion (approximately US$1.3 billion) in assets as they continue to investigate a historic money laundering case in the city-state.

All ten accused held EP and DP

On 18 August, the Ministry of Manpower (MOM) disclosed that the 10 foreigners, consisting of nine men and one woman aged between 31 and 44, held Employment (EP) and Dependant Passes (DP).

Further investigation also revealed that Wang Baosen, one of the accused had orchestrated the establishment of his wife’s company to secure her an employment pass (EP) in the country.

The amassed wealth of these accused individuals has left Singaporeans astonished, prompting questions about the extended duration of their residency in Singapore and their substantial acquisition of local properties with considerable financial resources.

Notably, Kuik Shiao-yin, a Former Nominated Member of Parliament (NMP), and veteran journalist Bertha Henson have voiced their concerns earlier.

They question how such activities could persist undetected for so long and emphasize the urgency of proactive measures in addition to arrests.

One of the suspects in the case, Vang Shui Ming, had financed the acquisition of 10 luxury units at CanningHill Piers. According to Shin Min Daily News, Vang also purportedly amassed his wealth a decade ago by launching a gambling website in the Philippines.

Meanwhile, Su Haijin, a key suspect in the case, reportedly held shares or directorships in multiple companies in Singapore. He recently disclosed in court that he possesses “substantial wealth overseas,” including a property at 38 Oxford Street in London and a yacht in Phuket, Thailand.

Singaporean authorities are also intensifying their scrutiny of the assets and family connections of foreign suspects involved in this high-profile case.

 

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Parliament

Minister Shanmugam rejects request for detailed information on visa-free visitor offences: Cites bilateral considerations

Minister for Home Affairs K Shanmugam rejected Workers’ Party MP He Ting Ru’s request for detailed statistics on visa-free visitors involved in crimes, citing bilateral concerns. He affirmed current screening measures are sufficient, with no plans for an electronic travel authorisation system.

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On 10 September 2024, Minister for Home Affairs and Law, Mr K Shanmugam, refused to provide detailed information requested by Workers’ Party Member of Parliament (MP) for Sengkang GRC, Ms He Ting Ru, regarding visa-free visitors involved in criminal offences in Singapore.

Ms He had asked for statistics on how many visa-free visitors had been arrested or identified as persons of interest for criminal activities from 2021 to June 2024, along with a breakdown of offences by type, number, and country of origin.

She also queried the consideration of enhanced screening measures and the possibility of introducing an electronic travel authorisation system similar to those in other jurisdictions.

In his written response, Mr Shanmugam stated that with over 150 countries on the visa-free entry list, it would not be practical or meaningful to publish crime statistics specific to visitors from these nations.

He added that doing so could carry bilateral implications and potentially send the wrong message to bona fide visitors from these countries.

Mr Shanmugam affirmed that Singapore’s Immigration & Checkpoints Authority (ICA) employs a risk-based, multi-layered approach to balance border security with traveller facilitation and assured that the current measures are sufficient. He reiterated that there were no immediate plans to implement an electronic travel authorisation regime, as it would increase inconvenience for visitors.

“We are satisfied with the current measures, and for now, do not see a need for an additional electronic travel authorisation regime. Also, such a regime will make visiting Singapore more inconvenient,” said Mr Shanmugam.

This response followed an oral reply delivered earlier that day by Minister of State (MOS) for Home Affairs, Ms Sun Xueling, who addressed a related question posed by Non-Constituency Member of Parliament (NCMP) Mr Leong Mun Wai from the Progress Singapore Party (PSP).

Mr Leong had expressed concerns about the potential rise in crime following the introduction of a 30-day visa exemption arrangement for Chinese nationals in February 2024. He specifically questioned whether the recent burglaries involving foreign syndicates had any link to this exemption and whether automated lanes at Changi Airport increased the risk of non-bona fide travellers entering the country.

Ms Sun refuted Mr Leong’s concerns, clarifying that there had been no increase in arrests among short-term visitors from China since the visa exemption came into effect.

She noted that the arrest rate of Chinese visitors had, in fact, decreased compared to the previous year. While acknowledging the involvement of some foreign nationals in criminal activity, she highlighted that the visa regime alone cannot eliminate all risks. Instead, ICA employs enhanced technology, such as biometrics and advanced data analytics, to screen travellers.

Ms Sun also emphasised the importance of the tourism sector to Singapore’s economy, generating S$27.2 billion in receipts in 2023 and employing over 71,000 workers. She argued that closing borders to prevent crimes would not be a viable solution, especially given Singapore’s competition with neighbouring countries like Malaysia and Thailand, which are also working to attract Chinese visitors.

Despite further calls from Mr Leong for additional security measures and tougher penalties for cross-border crimes, Ms Sun reassured that the government continually reviews its laws, including the Criminal Procedure Code and Penal Code, to address transnational crimes such as human trafficking, drug trafficking, and online scams.

She affirmed that Singapore remains vigilant in adapting its laws and measures to combat evolving criminal trends.

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Parliament

Leong Mun Wai questions why NTUC leaders often come from the ruling party

During the Platform Workers Bill debate on 10 Sept, Mr Leong Mun Wai, NCMP from the Progress Singapore Party, backed WP MP Gerald Giam’s call for an independent NTUC. He expressed concerns about NTUC’s ties to the ruling party, questioning its independence given that its leaders are often from the PAP.

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SINGAPORE: Mr Leong Mun Wai, Non-Constituency Member of Parliament (NCMP) from the Progress Singapore Party, voiced support for the Workers’ Party and its MP Gerald Giam’s call for an independent and non-partisan NTUC, separate from the ruling People’s Action Party (PAP).

During a parliamentary debate on the Platform Workers Bill on Tuesday (10 Sept), Mr Leong acknowledged that tripartism is a fundamental aspect of governance that all parties, including opposition ones, seek to foster.

He noted that unions naturally seek political power to effect change but expressed concerns about the extent of NTUC’s relationship with the ruling party.

However he questioned the level of NTUC’s independence from the government.

He pointed out that the NTUC’s secretary-general is often a minister or former minister and that many NTUC leaders come from the ruling party.

“Can you find another trade union in the world where the trade union chief is a minister? Are there any countries? Please let me know if there are,” Mr Leong asked, further noting that few opposition politicians are given appointments in NTUC.

“I think we are entitled to think that the independence of NTUC ought to be better than this.”

Earlier, PAP MP Christopher De Souza criticized MP Gerald Giam for using the term “tether” to describe the NTUC-PAP relationship, emphasizing that the NTUC operates through partnership, alliance, and solidarity rather than subordination.

In response, Mr Giam clarified that when he used the terms “tether” or “untether,” he meant that the NTUC and the PAP should be separate and independent organizations.

He sought to ensure that NTUC does not appear to be biased towards the ruling party.

Mr Giam also raised concerns about NTUC’s structure, particularly questioning why the Platform Associations need a Council of Advisors with the power to dismiss the Executive Council and why these advisors are predominantly PAP members or MPs.

He suggested that this structure indicates a lack of independence for NTUC.

The current NTUC secretary-general is Ng Chee Meng, a former PAP minister who assumed the position in 2018 and continues to hold it despite losing to WP’s new team in GE2020.

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