Published: Friday March 22, 2013 MYT 11:12:00 AM
Updated: Friday March 22, 2013 MYT 12:28:42 PM
Singapore says sting video’s claims about Sarawak’s Taib hiding money in the island are false
SINGAPORE: A controversial video alleging corruption on the part of the Sarawak Chief Minister Tan Sri Abdul Taib Mahmud and his family and claims that they hide their illicit gains in Singapore, drew a strong response from the Monetary Authority of Singapore, last night.
Local newspaper, the Straits Times reported the central bank said a claim in the "sting video" that the Singapore Government withheld 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," it said. "Contrary to what was claimed in the video, Singapore has to date provided information requested by Malaysia for tax purposes." - Bernama