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Singapore to auction luxury goods, properties from US$2.4 billion money laundering case

Global - Asia Archived August 29, 2026
Singapore to auction luxury goods, properties from US$2.4 billion money laundering case
More than 1,000 luxury items and 80 real estate properties forfeited in Singapore’s S$3 billion (US$2.4 billion) money laundering case would go under the hammer from September 7, audit firm Deloitte said on Saturday.
The properties will be auctioned by SRI, Edmund Tie & Company and Knight Frank, while auction house Hotlotz will handle the luxury goods, comprising jewellery, watches and handbags.
Some selected properties will also be offered for sale through an expression of interest process run...
Source: South China Morning Post | https://www.scmp.com/rss/91/feed - Read Original

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