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6 family office funds tied to Singapore launder case got tax breaks
Six single family office funds linked to a S$3 billion money laundering case in Singapore have received tax incentives from the Monetary Authority of Singapore.
Bloomberg via Yahoo
6 days ago
Singapore is trying to be a wealth hub. Now 6 family offices that got tax breaks are tied to the nation’s biggest money-laundering case
Six single-family office funds, granted tax incentives for operating in Singapore, are linked to individuals related to the money-laundering scandal, according to Deputy Prime Minister
Fortune via Yahoo
6 days ago
Gan Kim Yong (born 9 February 1959) is a Singaporean politician who has been serving as Deputy Prime Minister of Singapore since 2024 and Minister for Trade and Industry since 2021.
Mr Gan Kim Yong is the Deputy Prime Minister and Minister for Trade and Industry. He is also the Chairman of the Monetary Authority of Singapore, and is responsible for the Strategy Group in the Prime Minister’s Office.
Mr Gan Kim Yong is the Deputy Prime Minister and Minister for Trade and Industry. He is also the Chairman of the Monetary Authority of Singapore, and is responsible for the Strategy Group in the Prime Minister’s Office.
Gan Kim Yong started his career in the civil service, then joined the private sector in 1989, where he worked his way up to lead Natsteel – a pan-Asian steel company. In 2005, he left Natsteel to take up political office and play a bigger role in keeping Singapore exceptional.
May 13, 2024 · SINGAPORE: Minister for Trade and Industry Gan Kim Yong will be promoted to Deputy Prime Minister in the government of Prime Minister-designate Lawrence Wong. The working relationship between the...
May 13, 2024 · With his age, appointing Mr Gan Kim Yong is a surprise move, said Assistant Professor Elvin Ong from the National University of Singapore's (NUS) Department of Political Science.
May 13, 2024 · SINGAPORE - Singapore’s next prime minister Lawrence Wong unveiled his Cabinet on May 13, with Minister for Trade and Industry Gan Kim Yong to be appointed as deputy prime minister.