Sun Xueling on reports of suspicious real estate transactions
In Parliament on Wednesday (May 10), Minister of State for Home Affairs Sun Xueling answered an MP’s questions on the number of suspicious real estate transaction reports filed in the past five years and the number of money laundering convictions involving residential and commercial real estate in Singapore. Ms Sun said detailed statistics on the filing of suspicious transaction reports are not publicly released and the police do not track money laundering convictions by asset class.
In Parliament on Wednesday (May 10), Minister of State for Home Affairs Sun Xueling answered an MP’s questions on the number of suspicious real estate transaction reports filed in the past five years and the number of money laundering convictions involving residential and commercial real estate in Singapore. Ms Sun said detailed statistics on the filing of suspicious transaction reports are not publicly released and the police do not track money laundering convictions by asset class.