(Bloomberg) Wang Dehai was already on the run when he made Singapore his home five years ago. Police in China were offering a bounty for information about him for his alleged role in an illegal gambling ring.Most Read from BloombergAlaska Air Agrees to Buy Hawaiian in $1.9 Billion DealKISS Avatars Go On Tour After Paul Stanley, Gene Simmons RetireBitcoin Hits $40,000 Level for the First Time Since May 2022US Warns Iran-Backed Houthis After Attacks on Red Sea ShippingEerie Calm in S&P 500 Sign
How Suspects Laundered Billions in Singapore for Years bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The surprise sting operation is prompting a rethink of the recent surge of foreign investors, amid signs dirty money is joining legitimate businesses in the rush to Singapore, with cash winding up at global lenders.
SINGAPORE: Wang Dehai was already on the run when he made Singapore his home five years ago. Police in China were offering a bounty for information about him for his alleged role in an illegal gambling ring.
THE Philippines could exit the Financial Action Task Force s (FATF) gray list before a one-year extension lapses in January, but this will require a concerted effort by both the government and the financial sector, a Moody s Analytics official told The Manila Times on Tuesday.