A regular round-up of compliance news, such as fines, permissions, new technology solutions to make tracking risks easier, and other developments.

Singapore
A Nigerian man involved in a scheme to swindle Citibank in New York City was jailed and fined by a Singapore court last week for money laundering and other offences, according to Channel News Asia. 

Amos Paul Gabriel, 47 was sentenced to three years' jail and fined S$4,200 ($3,050). He had also pleaded guilty to driving without a licence, and was handed a one-year driving ban. He is a Singapore resident. 

The CNA report said that the money laundering case emerged in 2009 when Amos was indicted in New York on charges of scheming to steal from a National Bank of Ethiopia (NBE) account at Citibank. In 2008, Amos and his co-conspirators had sent fake signed documents to Citibank, which appeared to match signatures of officials at NBE, Ethiopia's central bank. Citibank transferred $27.2 million to various accounts before the fraud was discovered, the report said.