Wise Old Finance Guru say....its maybe property agent fault de woh

[k1976]

https://theindependent.sg/how-did-suspects-launder-billions-in-squeaky-clean-singapore/

kym?

 

[k1976]

The seizure of so many high-end properties has spawned questions about whether realtors have been too lax in spotting red flags. The Council for Estate Agencies, the local industry regulator, is investigating if any lapses occurred,” the Bloomberg report reads.

It cited Mr Ravi Menon, the head of Singapore’s central bank, the Monetary Authority of Singapore, as saying they may be a problem. “Real estate agents have an obligation to look out for suspicious transactions. Do they all do that well? I don’t think so, and that’s one area we need to focus on.”

 

[k1976]

That mean property agents are sleeping on job?

 

[laksaboy]

LOL, why blame agents? The land was sold and the properties were built to earn money from those kind of people. That's the whole point.

If you want to fixate on 'red flags', this entire cuntry is a red flag. I will be glad to witness its implosion, the entire house of cards falling down.