Billion-dollar money laundering case: What will happen to cars, bags and watches seized by police?
SINGAPORE - An islandwide blitz by the Singapore Police Force on Aug 15 led to the arrest of 10 foreigners, including five who were subsequently charged under an anti-money laundering law.
The Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, or CDSA, allows the authorities to immediately seize or freeze assets.
……Read full article on The Straits Times - Singapore
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Userisa8 27/08/2023
Why so difficult?All these luxury goods are from ill-gotten money....so just auction them off & give all to charity;of course transparency is a must!!
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