RHTLaw Taylor Wessing Head of Private Wealth Practice Tan Choon Leng was featured in The Edge Singapore article titled “Spotlight on Shadowy Money”.
The article discussed about the Panama Papers leak which involved many country leaders and well known celebrities. It also highlighted the current trend of corruption, money laundering, tax evasion and offshore tax havens. Such cases have garnered a strong public interest and have made many headlines in the media.
Choon Leng gave his opinion on how to overcome and manage the risks involved in investments made with offshore companies. He commented that, “For some transactions, good planning can make the difference between a profitable and non-profitable investment.”
The full article dated Monday 2 May 2016, can be found in The Edge Singapore.