Rolls-Royces, Porsche 911 seized from Bukit Timah GCB previously occupied by Su Jianfeng

Police also confiscate 56 Bearbrick collectibles from another location

Jessie Lim

Published Wed, Oct 25, 2023 · 04:02 PM

FOUR cars were seized from the Good Class Bungalow (GCB) previously occupied by Su Jianfeng, one of the 10 foreign nationals linked to the S$2.8 billion money-laundering case.

On Wednesday (Oct 25), police officers were seen outside a GCB along Third Avenue as the cars were towed away. Su, 35, had resided at the GCB earlier and was arrested there during an island-wide blitz in August.

The GCB along Third Avenue from where four cars have been seized. PHOTO: YEN MENG JIIN, BT

Two Rolls-Royces and a red Porsche 911 Targa were sighted by The Business Times (BT) during the hour-long operation. A white Toyota Alphard was seen as well.

According to an affidavit made by a Commercial Affairs Department officer, the four vehicles are worth over S$4.7 million in total, based on purchase prices.

Two of the vehicles seized by the police on Wednesday (Oct 25) are Rolls-Royces. PHOTO: YEN MENG JIIN, BT

Su is facing four charges of money laundering. He is said to possess S$17 million worth of cash held in three safe-deposit boxes, which were the benefits from unlawful remote gambling activities.

A white Toyota Alphard has also been moved as part of the investigation process. PHOTO: YEN MENG JIIN, BT

Meanwhile, another seizure was ongoing at another property that BT understands is linked to an individual undergoing investigations in relation to the case.

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That individual is said to have rented the unit. A total of 56 Bearbrick collectibles were seized, said the police on Wednesday. The bear-like figurines can cost up to thousands of dollars each.

Some 56 Bearbrick collectibles have been seized by the police in connection with the S$2.8 billion money-laundering case. PHOTO: SINGAPORE POLICE FORCE

All the items seized on Wednesday were previously issued with prohibition of disposal orders.

In response to queries from BT, the police said: “As part of the investigation process, the police are moving the seized items to appropriate locations to prevent tampering, loss, destruction or any other conditions which may diminish their evidentiary value.”

The police added that the Singapore court will later issue an order on how the assets involved in this case will be dealt with, based on the established findings.

The S$2.8 billion money-laundering case is Singapore’s largest so far. It involves 152 properties and 62 vehicles with a total estimated value of more than S$1.24 billion; monies in bank accounts exceeding S$1.45 billion; cash of more than S$76 million; and cryptocurrencies of more than S$38 million.

The police have also seized thousands of bottles of liquor and wine, 68 gold bars, 294 luxury bags, 164 luxury watches and 546 pieces of jewellery.