Singapore fines Malaysian RM15k for failing to declare cash of more than RM180k

Slowing exports and tepid inflation have raised expectations that policy makers will need to consider adding to May

SINGAPORE (ANN): A 28-year-old man was fined $5,000 (RM15,053) on Wednesday (March 27) for failing to declare that he was carrying more than $60,000 (RM180, 643) in cash when entering Singapore.

Tee Chen Pang was nabbed at Tuas Checkpoint on March 7 after police were alerted that a man had with him cash exceeding $20,000 (RM60, 214), the police said in a statement on Wednesday.