Assets seized in Singapore money laundering case swell to $2.2 bln

Assets seized in Singapore money laundering case swell to $2.2 bln

World

55 new properties and 15 vehicles were given prohibition of disposal orders by the police

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SINGAPORE, Jan 19 (Reuters) - Assets seized in Singapore's money laundering case have risen to S$3 billion ($2.24 billion) from S$2.8 billion in October, Singapore's Business Times reported on Friday.

The Business Times reported that 55 new properties and 15 vehicles were given prohibition of disposal orders by the police and two more people issued with warrants of arrests and Interpol Red Notices.

($1 = 1.3403 Singapore dollars)