Author: CNA
Singapore’s Foreign Affairs Minister, Vivian Balakrishnan, announced the country’s decision to vote in favor of the resolution expressing support for Palestine’s membership in the United Nations. This move aligns with Singapore’s commitment to upholding international law. Singapore voted in favour of the resolution expressing support for Palestine’s membership in the United Nations. Photo: AFP Balakrishnan emphasized the importance of a two-state solution for lasting peace in the region, highlighting the need for recognition of Israel’s right to exist and the rejection of terrorism by the Palestinian government. Both sides have legitimate rights, and both peoples have a right to live…
Singapore’s casinos are making adjustments to enhance their ability to combat money laundering and terrorism financing, aligning with FATF standards, according to the Gambling Regulatory Authority (GRA). A recent fine of S$2.25 million was imposed on Resorts World Sentosa for failing to conduct necessary checks, the largest penalty ever imposed on a casino operator by GRA. Singapore’s updated National Strategy for Countering the Financing of Terrorism, released by the Ministry of Home Affairs, Ministry of Finance, and the Monetary Authority of Singapore, includes a new threshold for due diligence checks. The authorities emphasize the risks posed by Singapore’s status as…
The recent development in the ongoing 1MDB scandal involves a confidential agreement signed by all parties to settle the asset forfeiture case surrounding fugitive financier Jho Low. The agreement aims to surrender both identified and previously unclaimed assets to the authorities, including those in other international jurisdictions. This deal, signed under DOJ supervision, could potentially resolve one of Washington’s longest-running asset forfeiture cases. Details of the settlement, including the specific assets involved, remain undisclosed. Nevertheless, the agreement signifies a significant step towards reaching a global resolution to the scandal that embroiled former Malaysian premier Najib Razak and Low as the…
Theft on a Singapore Airlines Flight: A Shocking Incident Recently, a theft on a Singapore Airlines flight has left many shocked and concerned about the safety of passengers. The incident involved a Chinese national, Peng, who was on a flight from Hong Kong to Singapore and targeted a Singaporean jeweller carrying a large sum of cash. Peng managed to steal US$80,000 and HK$70,000 from the victim’s backpack during the flight. After landing, the victim realized the cash was missing and reported the theft. Peng, on the other hand, attempted to change the stolen currency into Singapore dollars at a casino…
Singapore is seeking compensation for the recent oil spill caused by the vessel Marine Honour. The Maritime and Port Authority confirmed the shipowner’s liability and insurance coverage under relevant laws. The spill, triggered by a collision at Pasir Panjang Terminal, released 400 tonnes of fuel into the sea, affecting coastlines and beaches. The government agencies will pursue reimbursement for cleanup costs, with British Marine handling third-party claims. Although progress has been made in clearing the beaches, further efforts are required to address the environmental impact. Transport Minister Chee emphasized the need for continued cleaning and urged public understanding during the…
A Singapore court recently ruled on a case involving a mistress and an estate dispute. The claimant, Tsang, sought to claim a shortfall of S$8.5 million from the deceased’s estate. Eng had transferred this amount to Tsang’s bank account, intending to minimize estate duties. Despite legal challenges, the court upheld the validity of the deed of gift and deemed the transfer enforceable. However, Tsang’s entitlement to the remaining balance in the account was disputed due to lack of evidence. The judge ruled in Tsang’s favor but noted the fluctuating nature of exchange rates could have affected the account balance. Ultimately,…
Malaysia will require all foreign-registered vehicles entering the country by land from Singapore to use vehicle entry permits (VEPs) from October 1. Action will be taken against any foreign motor vehicle without a VEP entering or in Malaysia from that date, Malaysian Transport Minister Anthony Loke said at a press conference on Tuesday. Anyone found guilty of the offence can be fined up to 2,000 ringgit (US$427) or jailed up to six months. Vehicles that have been registered will be fitted with a radio-frequency identification (RFID) tag that costs 10 ringgit. Loke said the VEP has been implemented since 2019…