Singapore, China and a $2 Billion Money Laundering Scandal
Bloomberg Originals Bloomberg Originals
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 Published On Feb 9, 2024

Singapore has long been a haven for the super wealthy, with its low taxes, safety and stability.Threatening to upend that carefully crafted image, however, is a sprawling $2.2 billion money laundering scandal. Though the vast majority of investment in the city-state is above board, its famous openness to inflows is now under scrutiny.

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