The Business Times
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BILLION-DOLLAR LAUNDERING CASE
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Suspects buying Singapore properties since 2017; 105 mainly residential units worth S$831 million

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Jessie Lim

Jessie Lim

Published Fri, Aug 18, 2023 · 12:47 PM
    • Seven detached bungalows in Sentosa Cove are among the 105 properties issued prohibition-of-disposal orders.
    • Seven detached bungalows in Sentosa Cove are among the 105 properties issued prohibition-of-disposal orders. PHOTO: BT FILE

    THE group of foreigners linked to the billion-dollar money laundering case in Singapore has been picking up properties as far back as 2017, according to information obtained by The Business Times (BT) on deals linked to the 10 people arrested so far.

    Questions have also arisen on whether action will be taken against the real-estate agents who brokered those deals.

    In response to queries from BT, the Singapore Police Force confirmed the properties were transacted over the past few years.

    Money launderingSentosaPropertyCrime

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