SINGAPORE: A man has been fined S$8,000 for attempting to take more than S$460,000 in cash out of Singapore earlier this month, the police said in a news release on Thursday (Nov 29).
On Nov 3, Charles Phillip Santharasegaran, 27, was at Changi Airport Terminal 1 to board a flight to Papua New Guinea when he was checked by a screening officer.
AdvertisementHis hand luggage was found to contain stacks of Singapore, United States and Australian dollars amounting to more than S$460,000.
Under Singapore laws, anyone attempting to move cash exceeding S$20,000, or its equivalent in foreign currency, in or out of the country is required to declare it to an immigration officer.
On Nov 22, Santharasegaran was convicted and fined S$8,000 for failing to report the movement of cash.
He could have been fined up to S$50,000, or jailed up to three years, or both.
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