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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
4 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
4 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 is a Minister for Trade and Industry and a former Minister for Health. He is also a Member of Parliament for Chua Chu Kang GRC since 2001 and a leader of the People's Action Party.
May 13, 2024 · Learn about the career and achievements of Gan Kim Yong, who was promoted to Deputy Prime Minister in May 2024. He has experience in civil service, corporate leadership, and health and trade policy-making.
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 · Trade and Industry Minister Gan Kim Yong will take on the role of deputy prime minister in the new Cabinet led by Lawrence Wong, who will be Singapore's fourth prime minister. Gan will also continue as trade minister and chair the Monetary Authority of Singapore, while DPM Wong will focus on economic and geopolitical issues.