Police start process for DBS to sell shophouses linked to money laundering bust businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
SINGAPORE - Ten shophouses owned by two Chinese nationals who were reportedly linked to an accused person in the $3 billion money laundering case have been put on the market by DBS Bank as it seeks to recover repayments of its loans. The properties - estimated by observers to be valued at more than $100 million combined - were separately.
Singapore Shophouses Tied to Laundering Case Up for Sale: BT bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A series of properties held by entities linked to suspects in a more than S$3 billion (US$2.2 billion - RM10.5 billion) money-laundering case in Singapore have been placed for sale, Business Times reported.