First look at forfeited luxury goods from S$3b money laundering case

More than 600 luxury items forfeited in Singapore’s S$3 billion money laundering case are being put up for auction. Among them are a 15-carat yellow diamond ring, designer handbags and rare jewellery. The first two online auctions have a combined pre-sale estimate of S$2.9 million to S$3.9 million, with 15 auctions to be held from September to May 2027. #sgnews #singapore

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