Singapore to auction luxury properties linked to multibillion-dollar money laundering case
Kuala Lampur, Sept. 16 -- SINGAPORE, Sept 16 - A luxury apartment owned by convicted money launderer Zhang Ruijin is among 26 properties linked to Singapore's 2023 multibillion-dollar money laundering case that will go under the hammer from this week, The Straits Times (ST) reported.
The 1,991 sq ft four-bedroom unit at Wallich Residence, located on the 61st floor, has a guide price of S$6.78 million and features panoramic views towards Sentosa Cove and the future Greater Southern Waterfront, according to ST.
It is part of the first batch of more than 80 properties that will be auctioned as the Singapore Government moves to liquidate assets seized during investigations into the case. Knight Frank, SRI and ETC have been appointed to cond...
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