S$19K Drug Trafficking Proceeds Confiscated

S$19K Drug Trafficking Proceeds Confiscated
Image via Stock Image
  1. Singapore court issues confiscation order against drug trafficker.
  2. About S$19K seizure from drug trafficking proceeds, enforcing zero tolerance.
  3. CNB underscores efforts to dismantle drug trafficking networks.

In a striking blow to narcotics revenue, a Singaporean drug trafficker loses about S$19K to the state.

Clamping Down on Ill-Gotten Wealth

CNB reports that strong measures are in place against drug crimes.

A 50-year-old Singaporean man has been stripped of S$19,655.97 by the courts.

Arrested on 28 November 2017, this man faced asset seizure under serious crimes laws.

With a 10-year jail term served, the criminal’s unlawful gains are thus recovered.

The CNB continues targeting both traffickers and their illegal funds.

Here are some key highlights to note:

  • S$12,680 cash was seized during his arrest.
  • On 20 June 2024, courts ordered the seizure of illegal profits.
  • Further S$6,975.97 confiscated from POSB account of trafficker.

Anti-Narcotics Vigilance Intensifies

According to AC Ong Pang Thong of CNB, Drug traffickers who profit from illegal drug activities will face the full force of the law and be brought to justice.

The man involved was arrested with about 50 grams of heroin during the crackdown.

More legal steps were taken after conviction, leading to asset seizure.

As a result, S$19,655.97 in narcotics revenue was recovered by the state.

This action sends a strong warning message against drug trafficking in Singapore.

Take a look at this quick table for a clear overview:

Action TakenOutcome
Confiscation order issued for drug trafficking proceedsS$19,655.97 recovered as state funds
10-year prison sentence deliveredWarning effect strengthened
Illegal funds from POSB confiscatedAsset recovery shows firm stance
Ongoing CNB efforts to stop drug crimesImproved public safety and order

Impact on Singapore’s Drug Circuits

The case is quite a blow for drug traders in Singapore.

CNB’s strict pursuit of money laundering schemes stops potential traffickers.

The recovered sum highlights serious penalties for drug-related offences.

Authorities remain active, aiming to reduce drug activity.

A strict following of law sends waves through Singapore’s illegal drug trade.

Your Take: Yes or No? 是或否?


Disclaimer: This article is accurate to the best of our knowledge and due diligence, but we recommend independent verification where needed.以下文章内容由人工智能自动翻译成中文,可能存在翻译错误或不准确之处。我们对此表示抱歉,若发现任何错误,欢迎读者进行反馈。若有疑问,请以英文版文章的数据为准。

Related Posts

Ninja Van Driver Jailed: Meth Delivery to POPStation Exposed

A former Ninja Van driver, Ng Soon Kiat, was jailed for 14.5 years for trafficking meth using POPStation…

11 Nov 2024 Woodlands Fight: 2 Held for Rioting, Deadly Weapon

2 more men were arrested for rioting with a deadly weapon after a Woodlands fight on 11 Nov…

Judge Slams Lawyer’s Error-Filled Plea, Noting a 176-Word Sentence

On 11 Nov 2024, a Singapore judge slammed a lawyer for a grammatical error-filled plea that starts with…

Shocking Flamethrower Attack on Cops at Pasir Ris Park

Timothy Heng charged with attempted murder after a flamethrower attack on police at Pasir Ris Park on 8…

Leave a Reply

Your email address will not be published. Required fields are marked *

Share via
Scroll to Top