Skip to main
  • EMERGENCIES

    999
  • EMERGENCY SMS

    71999
  • HOTLINE

    1800 255 0000
  • I-Witness

More Than S$2.4 Billion In Assets Seized Or Issued With Prohibition Of Disposal Orders In Anti-Money Laundering Probe

In response to media queries, the Police provided an update on further operations conducted in relation to the group of foreign nationals suspected to be involved in laundering the proceeds of their overseas organised crime activities, including scams and online gambling. 

During these operations, additional assets were seized and issued with prohibition of disposal orders. To date, the total value of assets seized or issued with prohibition of disposal orders by the Police stands at more than S$2.4 billion. This includes:

  • Seizures of bank accounts with a total estimated value of more than S$1,127 million, cash (including foreign currencies) amounting to more than S$76 million, 68 gold bars, 294 luxury bags, 164 luxury watches, 546 pieces of jewellery, cryptocurrencies of more than S$38 million, and 204 electronic devices such as computers and mobile phones; and

  • Prohibition of disposal orders issued against more than 110 properties and 62 vehicles with a total estimated value of more than S$1,242 million, as well as bottles of liquor, wine and multiple ornaments.

Investigations are ongoing.

 


PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
20 September 2023 @ 7:10 PM
Hover to toggle social media icons SHARE
Hover to toggle social media icons SHARE