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Singapore

Man fined for bringing more than S$250,000 into Singapore without reporting

Man fined for bringing more than S$250,000 into Singapore without reporting

File photo of the Woodlands Checkpoint.

SINGAPORE: A 42-year-old man was fined S$6,000 on Monday (Nov 4) for failing to report the movement of more than S$254,000 in cash when entering Singapore.

Police said they were alerted on Feb 18 to a man trying to bring in a large amount of cash at the arrival car counter of Woodlands Checkpoint.

Tien Siong Chye had been caught with stacks of Singapore dollars and 10 other currencies with a value of more than S$254,000.

He had failed to give a report to an authorised officer of the cash movement, said police.

It is an offence not to declare the movement of any cash exceeding S$20,000, or its equivalent in foreign currency, into or out of Singapore.

Those convicted can be fined up to S$50,000, jailed up to 3 years or both.

Source: CNA/hm(mn)

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