Quote:
Originally Posted by Hurricane88
Not exaggerating...I witnessed the boom those days...dealing quite a bit...
once I had to cash out USD 160k as a deposit for a deal worth half million USD at the defunct Citibank Shenton House...I dun even dare to count the cold hard cash at the counter...luckily nothing happened...after that experience...told my boss never going to do such dangerous act again...all transaction to use TT otherwise dun do...  |
Alamak not disputing the boom lah, talking about not possible for them to handcarry those sacks of $$$ over to Sinkie, in your case already you know how thick the wads for the 160K is and really too difficult to handcarry over without getting noticed
What they actually do is that they actually remit their $$ over to a Sinkie bank and then draw out the $$ to pay the suppliers when they are in Sinkie
I knew this from a Bangladeshi businessmen whom have dealings with them for many years in my previous job as this way they can minimised being accused of money laundering since the $$ passes legitimately through the local banks
Cheerios......SS08 ^_^