The Financial Investigation Branch (FIB) investigates into laundering offences under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA).
Some of the money laundering cases investigated by FIB under the CDSA include:
- Public Prosecutor (PP) vs Teo Cheng Kiat (former administrative supervisor of Singapore International Airlines);
- PP vs Chong Seah Wee (former customer service officer of a foreign full-licensed bank); and
- PP vs Chia Teck Leng (former Finance Manager of Asia Pacific Breweries (Singapore) Pte Ltd).
Other significant money laundering convictions are found in our Prosecutions Section. Such cases involve convictions under the CDSA and also predicate offences.
In addition, FIBÂ investigates into possible cases of terrorism financing under the Terrorism (Suppression of Financing) Act (TSOFA). FIB also works closely with relevant government agencies in investigating into possible terrorism financing activities.