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BREAKING: IRAS Just Clawed Back $60M from 166 PRs Using 99-1 Schemes

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Policy Update

Aug 16, 2025•8 min read

BREAKING: IRAS Just Clawed Back $60M from 166 PRs Using 99-1 Schemes

IRAS is clawing back $60 million from 166 PRs who got caught using the 99-1 scheme. Some even facing jail time. Is saving ABSD worth going to Changi Prison?

By Christ LestarioRead More

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