Oral Reply to Parliamentary Question on Whether Suspicious Transaction Reports Were Filed in Relation to Rivaton Group Before Their Members’ Arrests in Japan for Money Laundering

Question:

Mr Dennis Tan Lip Fong: To ask the Minister for Home Affairs (a) whether any suspicious transaction reports were filed by corporate service providers or banks in Singapore in relation to the Rivaton Group prior to the arrests of their members in Japan for money laundering (b) if so, what are the dates of such reports; (c) whether Singapore authorities have carried out any investigation after such arrests; (d) if so, whether this group was found to have laundered money or have such funds in Singapore; and (e) what is the amount.

Answer:

Ms Sun Xueling, Minister of State, Ministry of Home Affairs and Ministry of Social and Family Development:

Suspicious transaction reports were filed in relation to the Rivaton Group after reports appeared in the Japanese media in May 2024. Singapore authorities are in contact with our foreign counterparts, including rendering assistance within the ambit of our laws. We are unable to provide further details at this juncture.