Monday, May 25, 2015Monday, May 25, 2015

Claims in Sarawak 'sting video' that Singapore withholds tax information are false: Govt

Published on Mar 22, 2013 12:22 AM
Sarawak Chief Minister Taib Mahmud and his family have been accused of corruption in a clip posted on YouTube. -- PHOTO: THE STAR/ASIA NEWS NETWORK

A CONTROVERSIAL video alleging corruption on the part of the Sarawak Chief Minister and his family and that they hide their illicit gains in Singapore drew a strong response from the Monetary Authority of Singapore and Finance Ministry last night.

The central bank said a claim in the "sting video" that the Singapore Government withholds financial data from Malaysian authorities was false.

It said Singapore has provided full information requested by Malaysia for tax purposes and the two countries have had a good working relationship on tax matters.

"The allegation is simply false," said the agencies. "Contrary to what was claimed in the video, Singapore has to date provided fully the information requested by Malaysia for tax purposes."

Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!