singapore shutting down second bank linked to 1mdb
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Singapore: Shutting down second bank linked to 1MDB

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Arab Today, arab today Singapore: Shutting down second bank linked to 1MDB

Singapore economy
Singapore - Arab Today

Singapore's central bank on Tuesday shut down a second Swiss bank under investigation for alleged money laundering activities linked to Malaysian state fund 1MDB. 

The Monetary Authority of Singapore (MAS) said it had ordered Falcon Bank to cease its operations in the city-state because of serious lapses in anti money laundering controls.

 
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singapore shutting down second bank linked to 1mdb singapore shutting down second bank linked to 1mdb

 



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