Properties, vehicles from S$3 billion money laundering case in Singapore liquidated: minister


So far, about S$2.79 billion in assets linked to the case has been surrendered to the Government. - Photo: ST file

SINGAPORE: A total of 54 properties, 33 vehicles and 11 country club memberships seized from the S$3 billion money laundering case have been liquidated by the Government as at 2024.

Proceeds from the liquidation of these non-cash assets will be subsequently paid into the Consolidated Fund, said Minister for Home Affairs and Law K. Shanmugam in a written reply to a parliamentary question on Wednesday (Feb 26).

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