The director of Valiant Capital, a Singapore-registered investment company behind a failed gold buy-back scheme, has been arrested.
Mr Simon Goh Chee Kin went missing after his company allegedly stopped paying monthly dividends to its investors after several months.
On Oct 21, The Straits Times reported that six investors claimed to have put in more than $2.5 million.
For retired Singapore Armed Forces warrant officer Chandran Nair, 63, who is said to have lost $550,000, the arrest was "great news". He said: "I just hope justice will be served."
A police spokesman would only say that investigations are ongoing.
- Ronald Loh
Good progress has been made under the Sustainable Singapore Blueprint 2015, which contains a series of goals to be met by 2030, Minister of Environment and Water Resources Masagos Zulkifli said yesterday.
"Its progress can be credited to the collective interests of Singaporeans in caring for our environment," he told reporters at the Clean And Green SG50 Carnival in Punggol.
He pointed to the growing green corridors with biodiversity in urban areas, park connector network, bicycle sharing schemes and adoption of solar power.
Upcoming projects would also improve the management of waste, for instance, on-site recycling at hawker centres.
Existing initiatives that keep roads safe for older residents will be expanded, Transport Minister Khaw Boon Wan said yesterday.
By 2018, the Land Transport Authority will build lifts at 41 more overhead bridges often used by seniors.
Safety features such as rumble strips, raised zebra crossings and centre dividers are being tested in residential areas to slow down motorists, Mr Khaw wrote in a blog post.
By 2020, 35 areas will have "Silver Zones" which make it easier for the seniors to cross.
More roads will also be narrowed "where practicable" to create additional space for footpaths, he wrote.
Singapore is building an inclusive society where everyone can contribute, Prime Minister Lee Hsien Loong said yesterday, at an event to support people with special needs.
Mr Lee and his wife Ho Ching joined some 7,000 others for the Purple Parade at Hong Lim Park.
They wore purple-frame glasses to symbolise opening one's eyes to people with special needs, Channel NewsAsia reported.
"We all have something to contribute," Mr Lee was quoted as saying. "And in a different way, each one of us is somehow special, different from the others. I think we should value that and treasure that..."