SINGAPORE: A 42-year-old man was fined S$6,000 on Monday (Nov 4) for failing to report the movement of more than S$254,000 in cash when entering Singapore.
Police said they were alerted on Feb 18 to a man trying to bring in a large amount of cash at the arrival car counter of Woodlands Checkpoint.
AdvertisementAdvertisementTien Siong Chye had been caught with stacks of Singapore dollars and 10 other currencies with a value of more than S$254,000.
He had failed to give a report to an authorised officer of the cash movement, said police.
It is an offence not to declare the movement of any cash exceeding S$20,000, or its equivalent in foreign currency, into or out of Singapore.
Those convicted can be fined up to S$50,000, jailed up to 3 years or both.
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