Authorities seize S$2.8b assets in S'pore money laundering probe so far

The total value of assets seized or issued with prohibition of disposal orders by the Singapore Police Force related to the recent money laundering case now stands at more than S$2.8 billion (RM9.64 billion).

The latest figures were revealed by Second Minister for Home Affairs Josephine Teo in her ministerial statement on Singapore’s Anti-Money Laundering Regime at Parliament on Tuesday.

On Sept 20, 2023, the police updated that...