Singapore is now infamous for the biggest disclosed money laundry case involving something like $3 billion. Is this big money? Yes, but actually a trickle compares to those that were not disclosed and still going on inside big international banks. Not caught, not disclosed, means did not exist even when it is happening under the nose of the govts of these big banks. The culprits involved in the Singapore case were just unfortunate to have been caught.
The big banks are the major players in money laundering, making huge profits that only casinos can make, are laughing all the way, in their own banks. And mind you, despite the prevalence and widespread money laundering, don't even believe that Singapore is the only case and it is safe elsewhere, many cases are still operating all over the world. Singapore's case is only the tip of the iceberg.
Singapore is also a great place for laundering of another kind. Many so called fake talents, with fake degrees and resumes, came to Singapore to launder their degrees, qualifications and experience to turn them into legitimate credentials. All they need to do is to enrol into a tertiary institutions with their fake degrees or qualifications, get a Singapore degree, and viola, all is fine and real. The Singapore degree is definitely real and all the fake degrees can be discarded.
Another way is to get employed in a Singapore company or organisation, worked for a few years, and if undetected, the Singapore working experience would be the gold plating needed to enhance the resume and be respected and accepted all over the world without question. It is like from fake talents to real talents.
Singapore is such a wonderful multipurpose laundry machine. And everything is quite easily done as the process to discovering and uncovering a fake is near impossible when resources are limited and a lack of will to do the necessary. Caveat, Singapore is not a willing accomplice. Just a convenient location and machine to turn fake talents into real talents.
5 comments:
I can see DIY laundry machine shops mushrooming all over Singapore, LOL. But hardly do I see customers making use of those facilities. Lugging a big bag of soiled clothing from a distance to be washed is good for exercise only, not for convenience. How do they survive? Money laundering?
For years there was the denial that no money laundering existed in Red Dot. Not from Indonesia and Myanmar elites. How come the change? What changes?
Aiya Anon.
Many many Ahem Ahem going on but have to be discreet and covered lah!
Dog eat Dog World of Commercial Businesses, to secure the contracts many have to grease the hands of those scoundrels.
So actually sometimes cannot blame those who gave lah!
What's Quids pro sotong lah as touted by that Dotard Trump's and Scoundrels
Only Foolish duds like those PRCs who are so smart in making their legal or illegal billions why of all places come to Sinking Land?
So many other places easily settled in greasing the palms and hands of the authorities and lived peacefully.
To Sinkeland their businesses even earning lotteries and casinos are all legal.
But others also do lotteries and casinos in other countries and earned their billions are illegal.
So the PRCs are just too stupid to come here.
Period!
Ahem just for curiosity, the KTM railway land surrendered easily!
Quid Pro Sotong ah?
Mr Nasib?
Without the visit of wangyi visit, you think the laundry in the machine would be taken out? Pinkies & gangs must be cursing china for being so kaypoh. With so much money flying around, do you think our world smartest gov. don't know what going on. There are lot of big fish need to be protected, so case have to be quickly closed & those involved deported.
Now also good lah!
Forfeited and confiscated goes into the Treasury.
Just nice for Extra Assurance and GST and CDC vouchers for the masses.
Hello don't forget ah all of you ah?
Elections coming ah!
You must know who to vote hoh!
Wah wah shiok shiok some more no need to come out from our own pockets.
Some more can have. Free feeder service buses for Marine Parade and West Coast residents later on to bloster the wrongs of Tan Chuan Jin and Iswaran.
Hello we so good take care of you all must not be ungrateful and bite the hands that give you the monies hoh!
Just nice no need spend our coffers.
https://theindependent.sg/whos-paying-for-the-services-wps-yee-jenn-jong-raises-questions-about-free-shuttle-service-at-marine-parade/
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