Standard Chartered

SINGAPORE STILL TRYING TO GET BANK ROBBER AND HIS LOOT TO RETURN FROM THAILAND

Singapore authorities have moved to assure Singaporeans that they are still in touch with the Thai authorities with regards to the request to return the Canadian man who robbed a Standard Chartered Bank in Singapore last year.

The man, David Roach, was sentenced to 14 months in a Thai jail for violating money laundering and Customs laws by bringing the loot into the country. He was the first man in more than a decade to have successfully robbed a bank here, walking out with $30,000 with little more than a threatening note. He then subsequently fled to Thailand before he could be arrested here, but have spent the rest of his time in a jail in Bangkok. Media reports in Thailand quoted Roach's lawyer as saying that the Canadian admitted only to smuggling currency to Thailand, but not to the Singapore robbery.

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THAIS CHARGED STANDARD CHARTERED BANK ROBBER WITH MONEY LAUNDERING

Remember the Canadian man who robbed the Standard Chartered bank in Holland Village in July last year? Apparently, he was still spending his time in a Thailand jail all this past year, but finally, the Thais have charged him for a crime.

The man, David Roach, 28, was charged by the Thai authorities of violating money laundering and customs laws by bringing the loot from his daring robbery into the country. The Thai courts sentenced him to 14 months in jail. He had used just a threatening note to walk away from the Standard Chartered bank branch with US$22,0000. This was a rare case of a bank robbery in Singapore, whose zero-tolerance stance to crime has made it one of Asia's safest cities.

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STANDARD CHARTERED GIVES 20 WEEKS PAID MATERNITY LEAVE TO MUMS, SETTING THE EXAMPLE

Kudos to Standard Chartered, for setting the.....standard. They have just announced that all female employees of the bank will be getting 20 weeks of paid maternity leave effective from April 1 this year. The policy will also include mothers who adopt and is extended to all employees of the bank regardless of their length of service.

The Bank is certainly showing the way to all other companies and Ministries in Singapore. The bank had said that the move is to recognise that women are “key contributors to the bank’s business”. Currently, 45% of all its bank management team are female, and that women comprised of at least half of its entire workforce in Singapore. This move is certainly showing that this can be done, and that mothers are an important part of the workforce too.

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DID STANCHART ROBBER STOP FOR QUICK BITE AT CAFE BEFORE FLEEING?

According to CCTV footage from Baker & Cook, a man bearing a close resemblance to the infamous StanChart robber, David James Roach entered the cafe and ate there, minutes after walking away with $30 000 from the bank.

At the cafe, the man had ignored the queue and went straight to the counter but a staff told him to join the queue. The man was carrying a carried a huge and bulding envelop.

He then looked at the available pastries that were on display before he cut the queue to place an order.

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MEET DAVID JAMES ROACH, THE STANCHART BANK ROBBER WHO WALKED AWAY WITH $30K

According to reports, the man behind the Standard Chartered robbery is 26 year old David James Roach, a Canadian. The first time visitor to Singapore had robbed the Holland Village branch of S$30,000 on 7 July. He left Singapore for Bangkok on the same day.

The suspect was arrested on Sunday (10 Jul) at a backpackers hostel in Bangkok's Pratunam district. According to a source from Interpol Bangkok, Roach has been to Thailand many times.

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STAN CHART ROBBERY: POLICE FINDS IMPT EVIDENCE - GATORADE BOTTLE

The ongoing police investigation of the robbery at Standard Chartered Bank at Holland Village has uncovered an important piece of evidence - a Gatorade bottle which the suspect had drank from.

Investigators have retrieved a Gatorade bottle from a rubbish bin that was within 5 meters of the bank.

It is believed that the suspect was observing the activities of the bank from the outside while sipping his Gatorade drink before he finally threw the bottle into the rubbish bin.

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STANDARD CHARTERED CLOSING DOWN ITS BLEEDING STOCK BROKING DESKS WORLDWIDE?

Standard Chartered is closing its cash equities and equities underwriting businesses, people with direct knowledge of the matter told Reuters on Thursday, exiting a division that had struggled for profitability since the bank re-entered the segment in 2010. The bank will dismantle its stock broking, equity research, and equity listing desks worldwide, the sources said, which will result in more than 200 job cuts, the people added.

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