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10 luxury condos in Wallich Residence, Martin Modern tied to $3b money laundering case up for auction
SG🏛️ PoliticsCenter8 hr. ago

10 luxury condos in Wallich Residence, Martin Modern tied to $3b money laundering case up for auction

Ten luxury condominiums in Singapore, specifically at Martin Modern and Wallich Residence, are set to be auctioned as part of a $3 billion money laundering case. These properties, among over 80 linked to the investigation, will be sold by real estate agencies including SRI, Edmund Tie & Company, Knight Frank, and List International Realty. The auctions, beginning on September 23, will feature apartments priced between $2.238 million and $6.78 million. Accounting firm Deloitte Singapore, appointed by the Singapore Police Force, is managing the asset realization process. Additional auctions for jewelry and handbags are scheduled for September 7, with online bidding opening soon. All proceeds will go into Singapore's Consolidated Fund.

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The Straits Times logoThe Straits TimesParty-aligned🔒Center8 hr. ago
10 luxury condos in Wallich Residence, Martin Modern tied to $3b money laundering case up for auction

Ten luxury condominiums in Singapore, specifically at Martin Modern and Wallich Residence, are set to be auctioned as part of a $3 billion money laundering case. These properties, among over 80 linked to the investigation, will be sold by real estate agencies including SRI, Edmund Tie & Company, Knight Frank, and List International Realty. The auctions, beginning on September 23, will feature apartments priced between $2.238 million and $6.78 million. Accounting firm Deloitte Singapore, appointed by the Singapore Police Force, is managing the asset realization process. Additional auctions for jewelry and handbags are scheduled for September 7, with online bidding opening soon. All proceeds will go into Singapore's Consolidated Fund.

Bias read (Center): The article presents factual information about the auction of properties linked to a high-profile money laundering case without overtly favoring any political stance. It reports on the legal and financial processes involved, citing official sources such as the Singapore Police Force and Deloitte. No

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