Moneychanger’s aide who fled S’pore with RM1.38 mil nabbed

The money seized from the suspect who fled to Malaysia from Singapore. (Singapore police pic)

PETALING JAYA: A Singapore moneychanger’s agent was arrested in Malaysia within 12 hours of his employer reporting he had made off with S$470,000 (RM1.38 million).

The 43-year-old man was arrested on Wednesday, police said in a news release today.

The money was meant to be couriered to the company’s office, Channel NewAsia reported.

The suspect, an Indian national, had already left Singapore for Malaysia before the report was made on Tuesday, said police.

Singapore police immediately contacted Malaysian police who tracked down the suspect, who was extradited back to Singapore the next day.

About S$24,000 (RM71,000) in cash was recovered.

The man will be charged in court on Saturday with criminal breach of trust as a servant. If convicted, he could be jailed for up to 15 years and fined.

Central police division chief ACP Arthur Law thanked Malaysian police for their assistance and said this was proof of the effectiveness of regional cooperation in crime-fighting efforts.

“With the continued support of law enforcement agencies in the region, we will ensure that swift justice is served to criminals, regardless of where they choose to flee.”

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