SG Shooting Its Own Foot

[Loofydralb]

https://thuraisingam.com/resources/...th8a-99mULKiW386YG1CW4yDkis-CTDwKI4D8NWGy7s2A

An unprecedented event, Sg courts accepting bankruptcy rulings from other jurisdictions to be enforced here.

Now how does this affect Sg?

Remember the Indons for as long as we are a nation have wanted to bring back people who have enriched themselves through corruption and bribes. And they park their ill gotten wealth here to. The casinos lend a reason why they have money here. A laundromat.

If the Indons declare these people bankrupt and apply to Sg courts for enforcement and return of the monies citing this case as justification, you will see the money fleeing from Sg banks.

All crooks from India Myanmar Bangla China Southeast asian countries taiwan japan korea eastern europe africa will relocate.

 

[Kee Chew]

what about unclaimed monies left in Banks for years.

Hundreds of millions untouched for years, who is the legal owner ?

owners of these acounts could be deceased or uncontactable .

 

[laksaboy]

Remember the Indons for as long as we are a nation have wanted to bring back people who have enriched themselves through corruption and bribes. And they park their ill gotten wealth here to. The casinos lend a reason why they have money here. A laundromat.

And sometimes they leave their mark here not unlike a dog peeing on a spot to mark its territory.

All in the name of philanthropy of course.