Media Releases
Published Date: 01 February 2002

MAS Recovers $100,000 Statutory Deposit from Wen Long Money-Changer

Singapore, 1 Feb 2002. The Monetary Authority of Singapore (MAS) has recovered the $100,000 statutory deposit from the agent bank of Wen Long Money-Changer. The Authority is working with the Police to determine the list of claimants and the amounts owed to each.  The Authority advises those who have not already done so to lodge a report with the Police.  Those who have already lodged a report with the Police do not have to lodge another report.