MAS examining info from Pandora Papers about Asiaciti Trust, a S’pore-based firm mentioned in leak

According to the Pandora Papers, Asiaciti Trust has set up and managed trusts and shell companies in secrecy jurisdictions. PHOTO: AFP
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SINGAPORE - A Singapore-based company has surfaced in the massive leak of confidential financial information dubbed the Pandora Papers, which have made waves globally since they were published by several major news organisations on Sunday (Oct 3).

According to the Pandora Papers, Asiaciti Trust has set up and managed trusts and shell companies in secrecy jurisdictions for hundreds of South American, United States, Asian and European clients.

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