S$1 billion in assets seized in one of Singapore's largest money laundering probes | Video
About S$1 billion (US$736 million) in assets, including properties, vehicles, luxury goods and gold bars, have been seized or frozen in one of Singapore's largest police probes into money laundering and forgery offences. Ten foreigners have been arrested and charged after police conducted simultaneous raids on Aug 15 at multiple locations in Singapore, including at Good Class Bungalows and condominiums.
About S$1 billion (US$736 million) in assets, including properties, vehicles, luxury goods and gold bars, have been seized or frozen in one of Singapore's largest police probes into money laundering and forgery offences. Ten foreigners have been arrested and charged after police conducted simultaneous raids on Aug 15 at multiple locations in Singapore, including at Good Class Bungalows and condominiums.