The bulk of the money in Singapore's vaults is clean. But some is not - one reason that despite the Association of South-East Asian Nations' famous unity, Indonesia and Singapore have no extradition treaty.Singapore could lose if dodgy deposits were pursued by Indonesian legal authorities, forcing account holders to send their cash elsewhere - say to Hong Kong, Singapore's competitor. And there are influential Indonesians, such as too many of its parliamentarians, who would not welcome an intrusion into their affairs in their weekend bolthole. So the extradition treaty deal does not get done. Full Story
