Singapore: Haven for Indonesian White Collar Criminals?
So says The Age newspaper."But why should Singapore be slow? Probably because it is a haven for Indonesian crooks on the run, and they bring their money with them. Billions of dollars in corruptly obtained funds have flowed into Singapore's property market and its banks.
It's a sensitive matter because financial services account for 22 per cent of Singapore's economy. You can imagine the situation from Jakarta's point of view. Singapore lectures Indonesia about the importance of the rule of law while giving its criminals a haven."
Ouch.. Full story here.
posted by hew @ 11:35 pm
1 Comments:
If u rich in Indonesia, you won't invest or keep money there...coz is unstable....even with legal money
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