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Man Convicted For Failure To Report Movement Of Cash Exceeding S$20,000 Into And Out Of Singapore

by May 30, 2019 General

A 48-year-old man, Kamapanis Pornchai, was convicted on 30 May 2019 for failing to report movement of currencies valued at more than S$1,124,900, over separate occasions, when entering and leaving Singapore.

On 11 January 2018, the Police were alerted to a case of a man carrying cash exceeding S$20,000 at Changi Airport Terminal 4. Investigations revealed that Kamapanis Pornchai was carrying Singapore currencies worth more than S$454,650 when he was attempting to leave Singapore, and had failed to give a report to an authorised officer in respect of the cash movement.

On 30 May 2019, Kamapanis Pornchai was convicted and sentenced to a fine of S$ 18,000 for failure to report cross border movement of cash under Section 48C of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, Chapter 65A (CDSA). Anyone who is convicted of failure to report cross border movement of cash under Section 48C of the CDSA is liable to a fine not exceeding S$50,000 or to imprisonment for a term up to 3 years, or to both.

The Police would like to remind the public of the statutory requirement to declare the physical movement of any cash exceeding S$20,000 (or its equivalent in foreign currency) into or out of Singapore, and failure to do so constitutes an offence.

Source: Singapore Police Force