Man was fined for not telling more than S $ 213,000 in cash at Changi Airport t

SINGAPORE: A 48-year-old $ 6,000 was received on Friday (March 29) for a failure to report financial movements worth more than S $ 213,000 when they entered Singapore last year.

Police said in a press release that they had been warned "a case of a man carrying money more than S $ 20,000" at the Changi Airport Arrival concourse 2 on 3 November 2018.

Investigations showed that the keen looking observer Tan Wai Meng carried a range of money worth more than S $ 213,000 when he entered Singapore, but did not tell an authorized officer.

Under the law, it is a requirement to publish any physical transfer of any currency greater than S $ 20,000 – or its equivalent currency – in or out of Singapore.

Anyone who has been convicted of failing to do so may go up to S $ 50,000, imprisoned for up to three years or both.