ACC revives investigation into S Alam’s S’pore wealth

The Anti-Corruption Commission (ACC) has decided to resume its investigation into alleged money laundering by S Alam Group Chairman Mohammed Saiful Alam. This follows a Daily Star report revealing Alam’s $1 billion empire in Singapore. The ACC will examine bank loans, potentially illegal assets, and investments. The investigation, initially started in 2022 but halted, was reopened after a Supreme Court ruling allowed the ACC to proceed independently. Daily Star