SINGAPORE, Sept. 11 -- More than 600 luxury items forfeited in Singapore's largest money laundering case are going under the hammer, including a 15-carat yellow diamond ring and a pink enamel clutch shaped like a serpent's head.

CNA reported that auction house Hotlotz will conduct 15 online auctions from this month through May 2027, following the seizure and forfeiture of more than 1,000 items and 80 properties linked to the case.

The case came to light after island-wide raids in August 2023 uncovered millions of dollars linked to an illicit gambling operation based in South-east Asia.

The luxury goods are now available for online bidding, with viewing sessions beginning next Monday and running until Saturday, although appointments are...