$12 billion of previously-undeclared Indonesian wealth held in Singapore
Under a new tax-amnesty scheme, more than $12 billion of previously undeclared assets held in Singapore by wealthy Indonesians have since been reported to Indonesia’s taxman. Approximately 12% has since been repatriated to Indonesia. Initiated by President Jokowi, this tax amnesty scheme seeks to incentivise wealthy Indonesians...
Malaysian jailed for using forged boarding passes to overstay at Changi Airport
In a bizzare case, a jobless Malaysian man who missed his flight back to Kuala Lumpur and then decided to stay in Changi airport for the next 18 days was jailed for 2 weeks’ yesterday (17 Sep) for 3 counts of forgery after he admitted to doctoring passes to access various lounges. Nalaysian Raejali Buntut had booked a 7.05am...
FT CEO gets 2-weeks jail for causing hurt to taxi driver
The former CEO of a German MNS has been sentenced to 2 weeks jail for causing hurt by slapping a Taxi Driver. In addition, he was fined $1,000 for causing damage to the Taxi. The court heard that Jochen Thewes, who was the CEO of DB Schenker Logistics (Asia Pacific) had gotten himself drunk at about 3.50am on Sept 24 last year. The...
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