Man fined for failing to declare currencies worth S$60,000 when entering Singapore | Forex Factory

  • Man fined for failing to declare currencies worth S$60,000 when entering Singapore

    From channelnewsasia.com

    A 28-year-old man was convicted on Wednesday (Mar 27) for failing to declare currencies valued at more than S$60,000 when entering Singapore. Tee Chen Pang was caught earlier this month at Tuas Checkpoint. He was found to be carrying Singapore and Malaysia currencies worth more than S$60,000, said the Singapore Police Force (SPF) in a news release on Wednesday. Travellers are required to make a declaration if the money they carry in or out of Singapore exceeds S$20,000. Tee was fined S$5,000 for failing to report movement of cash under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of ... (full story)

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sidhujag
Mar 27, 2019 10:28pm
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Quoting shox
Cash will soon be a thing of the past. And along with it privacy, autonomy, freedom and free will. Every move you make will have to be explained to the authorities in our digital total-surveillance, total-awareness Brave New World.
Digital sovereign identity is a fight against this although the first one will be a global linked identity one world state you can say
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shox
Mar 27, 2019 1:47pm
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Cash will soon be a thing of the past. And along with it privacy, autonomy, freedom and free will. Every move you make will have to be explained to the authorities in our digital total-surveillance, total-awareness Brave New World.
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Jmexpat
Mar 28, 2019 2:00am
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Who in the world would want to ever set foot in singapore ?

https://en.wikipedia.org/wiki/Caning_in_Singapore
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Trader#D044
Mar 27, 2019 1:51pm
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Money is virtual anyway, Shox...
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