New anti-money laundering laws in Singapore target kingpins’ profits from environmental crime

New anti-money laundering laws in Singapore target kingpins’ profits from environmental crime

The Straits Times - Singapore·2024-09-15 06:05

SINGAPORE – In a 2022 Interpol video, Mr Kittichai Runglaiboonwong from Thailand’s Department of National Parks walks around piles of illegally logged timber.

At US$290 (S$380) per kg, a 59kg bag of agarwood could easily fetch about US$14,500, he says.

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