Asia Sentinel

Asia Sentinel

Business/Economy

Chinese Dirty Money and Singaporean Luxury Properties

Money-laundering bust exposes river of illicit money

Sep 04, 2023
∙ Paid
By: Andy Wong Ming Jun

Some of the at-large suspects involved with Singapore’s money-laundering bust announced by authorities on August 16 are speculated to be the ultimate beneficiary owners of 23 units at South Beach Residences, one of the country’s most luxurious condominium developments, sources have told Asia Sentinel. One of these unnamed suspects …

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