Singapore Shophouses Tied to Laundering Case Up for Sale: BT
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A series of properties held by entities linked to suspects in a more than S$3 billion ($2.2 billion) money-laundering case in Singapore have been placed for sale, Business Times reported.
Eight shophouses have surfaced on the market, three of which are now being advertised for S$61.1 million, the report said. The trio of properties, located at Stanley Street in Chinatown, were purchased by a Chinese businessman with links to Wang Dehai — one of the ten accused who are currently in remand in Singapore, the report said.