MinLaw acts against firms over billion-dollar money laundering case; Singapore cracks down on drug-laced vapes: Singapore live news

The Ministry of Law (MinLaw) has announced enforcement enactment against 4 instrumentality firms and a lawyer pursuing an probe into the "law practices that were progressive successful the conveyancing of the existent property properties" successful the $3 cardinal wealth laundering ungraded which rocked Singapore.

Singapore is cracking down connected transgression operations selling drug-laced vapes known arsenic Kpods which is becoming an expanding occupation crossed Asia. This includes play enforcement operations by the Health Sciences Authority (HSA) arsenic good arsenic nationalist healthcare institutions doing their portion to grounds each suspected and confirmed etomidate-linked vaping cases.

Read much successful our unrecorded blog below, including the latest section and planetary quality and updates:

• Tue, July 15, 2025 astatine 2:18 AM EDT

  Marcus Chhan

  

  MinLaw has announced enforcement actions successful the ineligible assemblage from the billion-dollar wealth laundering scandal. (Photo: Getty)

  The Ministry of Law (MinLaw) has taken enforcement enactment against 4 instrumentality firms and a lawyer for providing ineligible services for the acquisition of properties successful a $3-billion wealth laundering ungraded which made headlines successful 2023.

  MinLaw, successful a property merchandise connected 15 July, said it is supporting the Director of Legal Services (DLS) successful "conducting inquiries into the instrumentality practices that were progressive successful the conveyancing of the existent property properties seized successful an anti-money laundering cognition successful August 2023."

  DLS has conducted investigations into 24 instrumentality practices – with 11 of these investigations concluded.

  Here's a summary of the enforcement actions revealed:

  • Two instrumentality practices person been ordered to wage fiscal penalties of $30,000 and $100,000 respectively.

  • The DLS has issued a 3rd instrumentality signifier with a statutory announcement of the volition to bid that instrumentality signifier to wage a fiscal punishment of $70,000. A last determination volition beryllium made upon receiving and considering the instrumentality practice’s written representations, if any.

  • The DLS has privately reprimanded a 4th instrumentality practice.

  • A lawyer has been referred to the Law Society of Singapore for disciplinary action.

  • The DLS volition not instrumentality further regulatory enactment against 7 different lwpractices.

  The property enactment did not authorities the names of the instrumentality practices involved.

• Mon, July 14, 2025 astatine 9:04 PM EDT

  Marcus Chhan