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Seized luxury goods to be auctioned in Singapore after $2.2bn money laundering case

Luxury goods seized by police in Singapore are being prepared for auction following a money laundering case involving $2.2bn. The items are being held in a fortified storage facility.

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Luxury goods seized by police in Singapore are being put up for auction following a money laundering case involving $2.2bn.

The items are being kept in a fortified storage facility, where they have been viewed ahead of the auction. The seized goods form part of the assets taken into police custody during the case.

The auction represents the next stage in the handling of the luxury items after their seizure. The available material does not provide details of the goods, their estimated value or the date and arrangements for the sale.

The case has involved $2.2bn in money laundering, while the latest development concerns the disposal of luxury goods seized during the police investigation. Further information about the auction and the items being offered has not been provided.

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