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Man jailed for laundering S$3.15m in SkillsFuture scam

SINGAPORE: A 50-year-old former security guard has become the latest individual linked to a $39.9mil (RM122mil) SkillsFuture scam to be convicted.Nathan Muniandy, a Malaysian national, helped launder S$3.15mil (RM96.4mil) of the proceeds from the scam targeted at SkillsFuture Singapore (SSG), a statutory board set up to promote lifelong learning.The scam was perpetrated by a criminal syndicate involving multiple individuals.