More than 110 suspicious S’pore bank accounts with over S$400k blocked by UOB or seized by police

SINGAPORE: More than 110 suspicious bank accounts with over S$400,000 were blocked by UOB or seized by the police in a joint operation targeting money mules. The operation was conducted by the bank and officers from the Anti-Scam Centre (ASC) from June 17 to 24, the police said in a statement on Thursday (June 27). The...

Sons of late banker Wee Cho Yaw among world’s new billionaires on Forbes list

SINGAPORE: The three sons of the late banking tycoon Wee Cho Yaw are newly minted billionaires, according to a Forbes’ list of global billionaires released on April 2. UOB chief executive Wee Ee Cheong and his brothers, Wee Ee Chao and Wee Ee Lim, are among 39 billionaires from the Republic – a number that rose...