- Singapore court issues confiscation order against drug trafficker.
- About S$19K seizure from drug trafficking proceeds, enforcing zero tolerance.
- 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 Taken | Outcome |
---|---|
Confiscation order issued for drug trafficking proceeds | S$19,655.97 recovered as state funds |
10-year prison sentence delivered | Warning effect strengthened |
Illegal funds from POSB confiscated | Asset recovery shows firm stance |
Ongoing CNB efforts to stop drug crimes | Improved 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.