The OECD estimates that Singapore has 370 billion dollars in money haven deposits. Singapore is not just a haven for money launderers and tax cheats; it is an extradition-free country for crooks from nearby countries. Singapore avoids extradition treaties with its neighboring countries, so that regional crooks can flee to Singapore - bringing their money.
Singapore - haven for money and fugitives | Getting at the truth
posted 3 years ago | Permatime