Stiffer penalties for terrorism-financing offences

SINGAPORE - A bill was passed yesterday to raise the maximum fine for those who fund terrorists or terrorist acts. The fine will be raised from $100,000 to $500,000 for individuals and to $1 million for entities, under the Terrorism (Suppression of Financing) (Amendment) Bill.

This is on top of a maximum 10-year jail term that remains unchanged.


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