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بوابة الشروق
Singapore to sell assets from major money laundering case
Singapore plans to showcase over 80 properties and more than 1,000 pieces of luxury accessories for sale at auctions starting next month. This comes after these items were seized in the country's largest money laundering case, which involved assets worth approximately 3 billion Singapore dollars (about 2.2 billion US dollars). The luxury assets include jewelry, watches, handbags, and their sale will occur in phases between September and mid-2027. The goal is to liquidate the possessions that criminals stole from the Fujian region in southern China before their arrest in 2023.
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