SINGAPORE - Singapore's longest serving central banker, Ravi Menon, will head a new non-profit to drive fintech innovation and growth globally, the Monetary Authority of Singapore (MAS) said on Wednesday.
BUTTERWORTH: The state Customs Department has busted a smuggling syndicate after seizing almost two million sticks of contraband cigarettes and kretek worth about RM1.95mil at a double-story terrace house at Permatang Pauh.
"We found the house was empty during the initial check, and we didn't find anything at first," he said during a press conference at the Customs Enforcement Storage Facility in Bagan Jermal on Wednesday . “When we moved the cabinet, we found a door leading to a ‘secret room,’ and a further inspection of the room uncovered over 1.54 million white cigarettes and 450,120 kretek cigarettes of various brands, with an estimated value of RM581,254 and taxes amounting to nearly RM1.4mil,” he said.Rohaizad said investigations are ongoing by the Customs Department to track other syndicate members involved.
Contraband Cigarettes Kretek Hidden Room Raid Customs Department
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