Strengthening Singapore's anti-money laundering regime and fighting against sophisticated crimes

This podcast discusses Singapore's largest anti-money laundering case, involving over $2.8 billion in assets, with the potential for that figure to grow as investigations continue. Second Minister for Home Affairs Josephine Teo emphasizes the global scale of the operation. A new inter-ministerial committee will be established to strengthen Singapore’s anti-money laundering framework. Professor Sumit Agarwal from NUS Business School explains how this initiative could help mitigate sophisticated financial crimes.