Crime & Law · World
Singapore Auctions Luxury Properties Linked to Money Laundering Case
Fourteen luxury condominium units and one office unit in Singapore, forfeited in connection with the country's largest money laundering case, are scheduled for auction this month. The properties are located in prime areas including River Valley and Orchard. One of the apartments, a four-bedroom penthouse at South Beach Residences, has a guide price of S$25.3 million. The total value of assets seized in the case exceeds S$3 billion.
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- Centre (2): Channel News Asia, South China Morning Post