Singapore police given powers to control bank accounts of scam victims

City-state's lawmakers pass bill allowing authorities to stop money transfers

20250107 Singapore ATMs

Bank ATMs in Singapore. The city-state has given police power to control bank accounts of scam victims. © Reuters

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore lawmakers on Tuesday passed a bill giving the police force powers to control the bank accounts of scam victims, including potential victims, to protect them from further damage, in a move believed to make the country the first to do so.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.