21 Jul '16, 5am

Singapore seizes assets worth RM717mil in 1MDB-related probe

Singapore seizes assets worth RM717mil in 1MDB-related probe

SINGAPORE: Authorities have seized assets worth S$240mil (RM717.45mil) in an investigation of 1MDB-related fund flows for possible money laundering, in a probe which has found "deficiencies" at several major banks here. "The fund flows being investigated include those connected with Good Star Limited (Seychelles), Aabar Investments PJS Limited (BVI), Aabar Investments PJS Limited (Seychelles), and Tanore Finance Corp. (BVI)," said a joint statement by the Monetary Authority of Singapore, the Attorney-General's Chambers and the Commercial Affairs Department. The statement follows a lawsuit filed by U.S. prosecutors to seize more than US$1bil (RM4.05bil) in assets they said were tied to money stolen from the Malaysian state development fund. The Monetary Authority of Singapore said it has completed its inspections of DBS, Standard Chartered and UBS, with preliminary findings...

Full article: http://www.thestar.com.my/news/nation/2016/07/21/singapor...

Tweets

S$240m in assets seized by Singapore in #1MDB r...

freemalaysiatoday.com 21 Jul '16, 4am

Probe into possible money-laundering involving Malaysia's state-owned investment firm finds 'deficiencies' at several majo...

Assets worth S$240m seized as part of Singapore's 1MDB probe

Assets worth S$240m seized as part of Singapore...

channelnewsasia.com 21 Jul '16, 4am

SINGAPORE: The Republic's investigations into various fund flows related to Malaysian state fund 1Malaysia Development Bhd...

UPDATE 1-Singapore says has seized S$240 millio...

reuters.com 21 Jul '16, 4am

By Marius Zaharia and Aradhana Aravindan SINGAPORE, July 21 Singapore widened a crackdown on alleged money laundering in a...

UPDATE 1-Singapore says has seized S$240 millio...

reuters.com 21 Jul '16, 4am

By Marius Zaharia and Aradhana Aravindan SINGAPORE, July 21 Singapore widened a crackdown on alleged money laundering in a...

Just in. Singapore seizes S$240M (RM717million) of 1MDB fund.

Just in. Singapore seizes S$240M (RM717million)...

m.themalaymailonline.com 21 Jul '16, 7am

The Monetary Authority of Singapore said it has completed its inspections of DBS, Standard Chartered and UBS and prelimina...

Singapore says has seized S$240 million in asse...

reuters.com 21 Jul '16, 3am

SINGAPORE, July 21 Singapore authorities have seized assets worth S$240 million in an investigation of 1MDB-related fund f...

Singapore says has seized S$240 million in asse...

reuters.com 21 Jul '16, 3am

SINGAPORE, July 21 Singapore authorities have seized assets worth S$240 million in an investigation of 1MDB-related fund f...

RPT-Singapore says has seized S$240 million in ...

reuters.com 21 Jul '16, 3am

(Repeats to additional subscribers) SINGAPORE, July 21 Singapore authorities have seized assets worth S$240 million in an ...

RPT-Singapore says has seized S$240 million in ...

reuters.com 21 Jul '16, 3am

(Repeats to additional subscribers) SINGAPORE, July 21 Singapore authorities have seized assets worth S$240 million in an ...

Singapore

mas.gov.sg 21 Jul '16, 3am

Investigations into 1MDB-Related Fund Flows through Singapore Joint Statement by Attorney-General’s Chambers, Singapore (A...

Singapore Found UBS, DBS, StanChart Failings in...

bloomberg.com 21 Jul '16, 4am

Singapore vowed to take action against four banks for failures in anti-money laundering controls and said it seized S$240 ...

Singapore seizes $177m as part of Malaysia corr...

bbc.co.uk 21 Jul '16, 7am

Singapore plans to take "firm regulatory actions" against four major banks over their dealings with scandal-ridden Malaysi...

Singapore seizes $177m as part of Malaysia corr...

bbc.co.uk 21 Jul '16, 7am

Singapore plans to take "firm regulatory actions" against four major banks over their dealings with scandal-ridden Malaysi...

BBC News - Singapore seizes $177m as part of Ma...

bbc.com 21 Jul '16, 7am

Singapore plans to take "firm regulatory actions" against four major banks over their dealings with scandal-ridden Malaysi...

via @WSJ

wsj.com 21 Jul '16, 7am

SINGAPORE—Singapore said Thursday that a wide-ranging money-laundering investigation into fund flows connected with Malays...