CEO of fallen Eagle Hospitality Trust seeks to contest four disclosure-related criminal charges

SALVATORE Takoushian, chief executive of embattled Eagle Hospitality Trust (EHT), is looking to contest four criminal charges under the Securities and Futures Act, over consenting to EHT’s “reckless” non-disclosure of…

Continue ReadingCEO of fallen Eagle Hospitality Trust seeks to contest four disclosure-related criminal charges

Data leak reveals links between money laundering accused Su Jianfeng and sale of Dubai properties

MONEY laundering accused Su Jianfeng had allegedly worked with a Singapore-based businessman to sell properties in Dubai worth tens of millions to foreigners in Singapore, a data leak of property…

Continue ReadingData leak reveals links between money laundering accused Su Jianfeng and sale of Dubai properties

Businessmen in Singapore placed on China’s wanted list weeks after money laundering raid in 2023

TWO businessmen living in Singapore since 2021 have been placed on the wanted list in China for their involvement in a cross-border online gambling syndicate.Su Shuiming and Su Shuijun were…

Continue ReadingBusinessmen in Singapore placed on China’s wanted list weeks after money laundering raid in 2023

Singapore’s key exports down 9.3% in April – slightly more than expected, but better than March’s tumble

SINGAPORE’S non-oil domestic exports (NODX) slid 9.3 per cent from the year-ago high base in April, dragged down by a decrease in the non-electronics sector, particularly in volatile products.This was…

Continue ReadingSingapore’s key exports down 9.3% in April – slightly more than expected, but better than March’s tumble