Eight shophouses linked to money laundering probe put on the market
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Jessie Lim
EIGHT shophouses held by entities linked to suspects in the S$3 billion money laundering case have surfaced on the market and are being put up for sale.
Three of the properties are now being marketed at S$61.1 million. They are adjoining shophouses in Chinatown bought by a Chinese businessman with links to Wang Dehai, one of the 10 accused persons in the money laundering case.
The Stanley Street properties are owned by a company, Aalto Group, The Business Times has learnt. Checks by BT show a receiver has been appointed for Aalto Group.
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