Friday, March 22, 2013

Global Witness video is false : Monetary Authority of Singapore

MAS: 'Sting video' claim about Singapore is false

Video alleging corruption by Sarawak chief minister goes viral in Malaysia

Sarawak Chief Minister Taib Mahmud and his family have been accused of corruption in a clip posted on YouTube. -- PHOTO: THE STAR/ASIA NEWS NETWORK

A CONTROVERSIAL video alleging corruption on the part of the Sarawak chief minister and his family and that they hide their illicit gains in Singapore drew a strong response from the Monetary Authority of Singapore and Finance Ministry last night.
The 16-minute "sting video" which has been circulated widely online in Malaysia since it appeared on Monday, also alleges Singapore does not share financial information with Malaysia.
Calling that allegation false, the Singapore Government said Singapore has provided full information requested by Malaysia for tax purposes and the two countries have had a good working relationship on tax matters.
"The allegation is simply false," it said. "Contrary to what was claimed in the video, Singapore has to date provided fully the information requested by Malaysia for tax purposes."

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