Brexiters and Aljunied residents
Brexiters (52% of Britons) and 51% of Aljunied GRC voters vote against their own economic interests. On Friday, I read in the Economist that 58% of the North East voted for Brexit, the second-highest share of any region. … places like Sunderland struggle. Unemployment there is the highest in Britain. And despite north-easterners’...
3 big banks, DBS, UBS and Stanchart, serious lapses in AML
I can expect the foreign banks to be involved in money laundering activities as many have been charged in the US and fined by the billions. It is looking like the main business of many big banks, to make big money to be paid big bucks. Were UBS and Stanchart also fined in the US for such ‘lapses’, not intentional money laundering?...
No Separation Of Power, Absolute Power Corrupts
Most Singaporeans are laughing at how the politicians refused to admit who is the Malaysian Number 1 official although it was crystal clear going through the 300 over pages of documents by US. Lets be reflective here, there are a few take away lessons on this saga. Firstly, we can see clearly, there is clear separation of...
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