Compared to Singapore, why India's "Anti-Money-Laundering Act" is extremely stringent?
In short: India is 100%Looser, while Singapore is 500%Gainer through different types of financial transactions in global "Money Laundering of many Trillions US$" each year; how about the 5i countries?
Compared to Singapore, why India's "Anti-Money-Laundering Act" is extremely stringent?
In short: India is 100% Looser, while “Singapore is 500% Gainer” through different types of financial transactions in global "Money Laundering of many Trillions of US$" each year; below is 1-example for easy-quick-correct understanding:
“No, no, Minister! Corruption could never be government policy. That is unthinkable! Only government practice.”
18 Dec, 2023: News from Singapore
A Classic Example of Singapore’s BAD Corporate Governance in PRACTICE, Singaporean Judicial System and Efficiency that directly/indirectly supports Money Laundering in many “100s Billions (possibly in Trillions) of US$” each year.
This has been reported by many news-agencies worldwide; the analysis of the reported facts will lead you to Surprising But Real “Facts” about Singapore’s State Sponsored Practices w.r.t. Money Laundering in many 100s of Billion US$ each year:
What? One (1) Person can be Director of 980 (Nine Hundred Eighty) Companies in Singapore!!
Singaporean Efficiency, Singaporean GOOD Governance, Singaporean BEST Practices!!!
NO, Never Be Surprised, because: “Politically CONNECTED Singaporean Fraud Syndicates” can even change Directors of the Singapore Registered Companies with Accounting and Corporate Regulatory Authority (ACRA-Singapore), open Bank Accounts in Singapore, and do many other fraudulent businesses WITHOUT submitting any documents (or with Forged Documents) online with the services of GovTech Singapore (Government of Singapore) by the click of the mouse!!
Important Q for Indian Politicians, Policymakers & Diplomats:
With reference to the above case, what could have been the punishment under the Indian Laws & Legal System: The Prevention of Money Laundering Act, 2002 (PMLA) and related rules.
Singapore Sling!!
Can Singapore’s Money Laundering amount “officially” soon exceed a few Trillion-US$ under the “Visible External Pressures” on Singapore?
Tip of the Iceberg:
From 2020 to 2023, the officially known Money Laundering in Singapore has increased from a few Million-US$ to a few Billion-US$ under “invisible external pressures” on Singapore!!
Can Singapore’s Money Laundering amount“officially” soon exceed a few Trillion-US$ under the “Visible External Pressures” on Singapore? — No, it’s not a joke, it’s highly probable — realistic; why?
2024: The Easy Question →"that leads to"→ The Pirates’ TREASURE MAPS
A Short Story on Money Laundering from Bloomberg
Global LawsforPoverty Alleviation
State Sponsored Financial Terrorism 👉Is facilitating movement of “Stolen Money” and “systematically defrauding assets of other countries” is an act of State Sponsored Financial Terrorism?
Yes, sure, it should be categorized as an act of state sponsored terrorism because this causes extreme poverty among many 100s of Million people “jeopardizing their lives”.
Diplomacy for Global South
Real Diplomacyfor Global South
Real Diplomacy for Global South
Rwanda FlightsforPoverty Alleviation:
Why UK need to prioritize Rwanda flights (instead of providing Safe Haven in the UK) for the Financial Frauds from global south?
Intelligence for Poverty Alleviation:
The Intelligence that can eradicate “Man-Made-Poverty” among over One Billion People in India, and many more people worldwide:
👉 The Five Eyes Countries’ Governments & Government Agencies need to voluntarily share “info w.r.t. Financial Frauds & Camouflaged Money Laundering in many Trillions of US$ each year” on public domains.
Global LawsforPoverty Alleviation: State Sponsored Financial Terrorism:
👉 Is facilitating movement of “Stolen Money” and “systematically defrauding assets of other countries” is an act of state sponsored terrorism?
Yes, sure, it should be categorized as an act of state sponsored terrorism because this causes extreme poverty among many 100s of Million people “jeopardizing their lives”.
Why Microsoft-LinkedIn help Singapore managing FAKE Reputation of Good Corporate Governance?
What’s the additional profit of Microsoft-LinkedIn just by having their own A$EAN Regional HQ in Singapore?
Money: no discrimination based on Color, better? Singapore Dhobi-ghat, the best?
Why Microsoft-LinkedIn help Singapore managing FAKE Reputation of Good Corporate Governance?
What’s the similarity between Singapore & Sandeshkhali (সন্দেশখালি, West Bengal)?
সন্দেশখালি
What’s the similarity between Singapore & Sandeshkhali (W.B.)?
[By the Politically CONNECTED Fraud Syndicates], the illegal grabbing of Livelihood (Businesses) of the “ordinary people” by Fraud, Forgeries & Threats to Life:
It is all about my own experience.
NO, Never Be Surprised, because: “Politically CONNECTED Singaporean Fraud Syndicates” can change Directors of the Singapore Registered Companies with Accounting and Corporate Regulatory Authority (ACRA—Singapore), open Bank Accounts in Singapore and do many other fraudulent businesses WITHOUT submitting any documents (or with Forged Documents) online with the services of GovTech Singapore (Government of Singapore) by the click of the mouse!!
And in the process of Singapore’s Corporate BAD Governance in Practice, many many foreign Entrepreneurs’ Companies Registered in Singapore systematically get hijacked [by Highly CONNECTED Singaporean Fraud Syndicates] for doing illegal businesses via Singapore in connivance with Singapore Government Regulators & Ministries.
📻 Need to reevaluate the roles of Singapore, and the imaginary A$EAN Regional HQ of MNCs in Singapore. Surprising but URGENT!!
ASEAN Regional HQofMNCs in Singapore, and “Incessant” Organized Corporate Frauds? NO?
No, please don’t blame the Indian Agencies: “ED, CBI, et al”. It’s all about the Glitches in Laws which make some BAD Money Transactions “kinda 500% legit”!!
Can Singapore’s Money Laundering amount “officially” soon exceed a few Trillion-US$ under the “Visible External Pressures” on Singapore?
Tip of the Iceberg:
From 2020 to 2023, the officially known Money Laundering in Singapore has increased from a few Million-US$ to a few Billion-US$ under “invisible external pressures” on Singapore!!
Can Singapore’s Money Laundering amount“officially” soon exceed a few Trillion-US$ under the “Visible External Pressures” on Singapore?
No, it’s not a joke, it’s highly probable — realistic that Singapore’s Money Laundering amount“officially” CAN soon exceed a few Trillion-US$ under the “Visible External Pressures” on Singapore;
Intelligence for “Man-Made”Poverty Alleviation:
👉 The Five Eyes Countries’ Governments & Government Agencies need to voluntarily share “info w.r.t. Financial Frauds & Camouflaged Money Laundering in many Trillions of US$ each year” on public domains.
Mystery!!
Did UNODC report ever include all the "specific data" which UNODC may have collected over the past decades?
2024: The Easy Question →"that CAN leads to"→ The Pirates’ TREASURE MAPS
A Short Story on Money Laundering from Bloomberg
In the process of Singapore’s Corporate BAD Governance in Practice, many many foreign Entrepreneurs’ Companies Registered in Singapore systematically get hijacked [by Highly CONNECTED Singaporean Fraud Syndicates] for doing illegal businesses via Singapore in connivance with Singapore Government Regulators & Ministries.
📻 “MiTA Services Pte Ltd, Company Registration in Singapore, UEN: 2009–216–74D” — A Business Case Study based on “real” data; may be Surprising But Fact.
I had to write what I wrote since 2020; because:
Why Microsoft-LinkedIn help Singapore managing FAKE Reputation of Good Corporate Governance?
What’s the additional profit of Microsoft-LinkedIn just by having their own A$EAN Regional HQ in Singapore?
Money: no discrimination based on Color, better? Singapore Dhobi-ghat, the best?
Silence is often a Great Power!! But do we always know when “our silence” can lead to slippery path to doomsday? Unless we feel it’s necessary, “Let’s Keep Silence, at our own risk!!” But, I welcome reply-emails.
I had to write what I wrote since 2020.
Well-read “eye-opening” articles for many thousands of politicians, policymakers, diplomats, academics & business persons worldwide!!
"यदा यदा हि धर्मस्य ... मनुष्य निमित्त मात्र" --Bhagavad Gita
বাকি গল্প পরে হবে|
Best Wishes,
Dr. Madhab Paul, PhD
ISBC - the International Strategic Business Concepts!!
MiTA stands for "Management, Innovation & Technology Applications" in International Strategic Business
Professional Profile: https://innovation.mitaservices.com/dr-madhab-paul-professional-profile-cec01ada366a
