Singapore to auction luxury goods seized in $2.2bn money laundering case
Singapore police are preparing to auction handbags, jewels and watches seized in a $2.2 billion money laundering investigation. The BBC was given access to the fortified facility where the items are stored.
Singapore authorities are preparing to auction a large collection of luxury items seized as part of one of the country's biggest money laundering investigations, valued at $2.2 billion.
The BBC was given rare access to a fortified storage facility where police are keeping the seized goods, which include handbags, jewellery and watches. The items had previously belonged to individuals connected to the large-scale money laundering scheme.
Seized assets headed for sale
The luxury goods held at the facility are now being prepared for auction, part of Singapore's efforts to recover and dispose of assets obtained through criminal activity. The case is regarded as one of the most significant money laundering investigations Singapore has dealt with in recent times.
