SINGAPORE: A 60-year-old businessman was fined S$12,000 for not reporting cash worth more than S$900,000 upon arriving at Changi Airport, Police said on Monday (May 27).
Ong Aswir Sulaiman was convicted on May 24.
AdvertisementAdvertisementPolice said it was alerted to a case of a man carrying a large amount of cash at the arrival hall of Changi Airport Terminal 3 on Jan 23.
“Investigations revealed that Ong Aswir Sulaiman, a businessman, was carrying various currencies worth more than S$900,000 when he entered Singapore, and failed to give a report to an authorised officer in respect of the cash movement,” it said in a news release.
It is an offence to carry cash of more than S$20,000 into or out of Singapore.
Those convicted of failing to report movement of cash is liable to a fine of up to S$50,000, jail time of up to three years or both.
AdvertisementAdvertisementLet's block ads! (Why?)
More...