About $1 billion in cash, assets seized and frozen in one of S’pore’s biggest anti-money laundering operations
The assets, which included properties, luxury cars and goods, were either seized, frozen or issued with prohibition of disposal orders.
The assets, which included properties, luxury cars and goods, were either seized, frozen or issued with prohibition of disposal orders.
The study also found that the global amount lost in 2021 had risen by 15.7 per cent, from US$47.8 billion in 2020.