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channelnewsasia LATEST: DBS Bank says 400 cases of unauthorised withdrawals found. Half a million dollars in compensation expected. The bank has identified two ATMs at Bugis that were compromised, situation is contained.
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Please don't ask the super expensive AVA to test anything anymore! It will ultimately come from tax payers pocket...I hope GST will not have to be raised if AVA were to continue to provide Free chemical tests for the public! http://news.asiaone.com/News/the%2BStraits...221-109343.html Melamine saga cost Singapore nearly $4 million Sun, Dec 21, 2008 The Straits Times By Tessa Wong The recent melamine food contamination saga in Singapore cost the Agri-Food and Veterinary Authority (AVA) $2 million to do additional laboratory tests on food to detect the chemical. A total of 440 tonnes of tainted food, from milk and candy to biscuits and chocolates, were destroyed. They were worth an estimated $1.6 million. Their destruction cost an additional $33,880 but this was borne by the importer
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Clerk jailed for helping man deposit $1.2 m into her accounts Elena Chong Mon, Nov 12, 2007 The Straits Times A WOMAN was jailed for three months on Monday for helping a man deposit $1.2 million worth of cheques into her bank accounts. Sim Hwei Kian, 30, then withdrew $1.18 million and handed it over to 'Kevin' who had offered her $500 for each bank account opened and a further 0.5 per cent commission for each transaction. After one year, 'Kevin'' also promised to give her $10,000 when the accounts were to be closed. The Singapore Turf Club clerk, who was in financial trouble, agreed. She had earlier posted messages on the Internet seeking financial loans. Among the many replies she got was one from 'Kevin'. 'Kevin' had also informed her that the bank accounts were to receive 4D and soccer bet collections, but in fact, the money had been misappropriated. The four cheques had been cut from the cheque books of ConocoPhillips Asia Ventures and ConocoPhillips International and the signatures had been forged. Sim pleaded guilty to a charge under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act which carries a fine of up to $200,000 or a jail term of up to seven years, or both. On Sept 24, she deposited four cheques slotted under her door into her bank accounts. The total was $1.23 million. Over the next two days, she withdrew the money totalling $1.18 million over seven occasions. She bundled them into bags and placed them at a staircase landing for 'Kevin' to collect. On Sept 25, she withdrew $5,000 for her own use. This amount has been recovered. Her lawyer, Mr Satwant Singh, said Sim was not the mastermind nor did she benefit from the crime. Sim, who had failed her Primary School Leaving Examination twice, had never seen 'Kevin' at all. All she knew was that she was helping him with his illegal football bets.