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By Ismet Kotak
In an unexpected turn of events, a Swedish-Singaporean man named David Holm has been hospitalized following a violent altercation with a local exchanger in Northern Cyprus. The incident occurred on July 1, 2024, and has left the community in shock.
David Holm, who splits his time between Sweden and Singapore, who has been in Northern Cyprus for a contract, Had a transaction with Tan Hong Kwang, a well-known exchanger in the area. Sources close to the situation reveal that the conflict arose from a disagreement over a financial arrangement.
According to reports, David’s fiancée, who resides in Singapore, had transferred approximately SGD 4,500 to facilitate a deal. However, when David met with Tan Hong Kwang, the terms of the agreement seemed to have changed unexpectedly, leading to a heated dispute.
Witnesses at the scene described the confrontation as intense and rapidly escalating to physical violence. Local authorities were called to the scene, and David Holm was immediately taken to a nearby hospital to treat injuries sustained during the altercation. His current condition remains stable, but he is expected to stay under medical supervision for a few days.
Tan Hong Kwang has been taken into custody for questioning. The police are investigating the incident to determine the exact cause of the dispute and whether any criminal charges should be filed.
This incident highlights the potential risks involved in international financial transactions and the importance of clear communication and trust between parties. It also raises concerns about the safety and regulation of financial dealings in Northern Cyprus, especially those involving foreign nationals.
As the investigation continues, the community awaits further details about what led to this unfortunate event. Our thoughts are with David Holm and his family during this difficult time, and we hope for his swift recovery.
Stay tuned to our blog for updates on this developing story.
I’m e fiance of David holm I was very shocked after reading e news why e money changer is greedily charging so high rate before e money was sent to e money changer e amount Dollars already agreed when Mr David to went to collect e money on 1/6/24 e money changer suddenly change e rate n didn’t compromise his words n E money changer gets angry n start to be aggressive which lead to fight e money changer also ask a few his workers to beat Mr David until he fractured his leg n injury to other parts of his body too we are Singaporean my concern for his safety to e concern citizen of crypus pls do action regarding on this matter tks