SINGAPORE (The Straits Times/Asia News Network): Two men masterminded a scheme that became the largest and longest-running syndicated operation involving duty unpaid alcohol uncovered in Singapore. The total amount of taxes evaded was about S$25mil (RM78.8mil).
The syndicate diverted, for local sale, duty unpaid alcohol meant for consumption on board vessels calling at Singapore, fraudulently evading the excise duty as well as goods and services tax (GST) payable on the beverages.
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