S$3b Money Laundering Case: Forfeited Luxury Goods, Properties to Go on Auction From September

Singapore to auction luxury goods, properties from 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 …

Singapore to Sell Luxury Homes Seized in Record Laundering Case

Singapore is set to auction a number of luxury properties seized in the country’s largest laundering case, according to people familiar with the matter.

S$3b money laundering case: Forfeited luxury goods, properties to go on auction from September

The properties will be auctioned off by real estate firms SRI, Edmund Tie and Knight Frank, while auction house Hotlotz handles the luxury goods.

$3b money laundering case: Luxury properties, handbags and jewellery up for auction

More than 80 properties and 1,000 luxury items are expected to be auctioned off. Read more at straitstimes.com.

Singapore to sell luxury homes seized in record money laundering case

Numerous real estate assets are set to be put up for sale, likely via auction Read more at The Business Times.