Singaporeans fined for sonar system sale to Myanmar Navy amidst investigations into arms trade
Two Singaporeans were fined a total of S$80,000 for their role in selling a sonar system to the Myanmar Navy. The system later ended up with Myanmar entity Light of Universe for US$1.58 million.
In related news, Foreign Affairs Minister Vivian Balakrishnan had earlier confirmed 138 Singapore-based entities’ involvement in Myanmar’s military supply chain.