SINGAPORE: The value of the assets and income involved keeps increasing as investigations into the billion dollar money laundering sensor go on.
When police made the case public in the middle of August, they calculated that it involved$ 1 billion( US$ 730 million ).
Then, prohibition of disposition orders was issued against 94 properties and 50 vehicles, and police also seized over & nbsp, S$ 10 million from more than 35 bank accounts, cash, over 270 pieces of jewelry, as well as 250 comfort bags and jewellery.
However, Josephine Teo, the second secretary for household affairs, revealed in a statement made in parliament on Tuesday( Oct 3 ) that more than S$ 2.8 billion in assets and nbsp, or almost triple the initial amount, are then connected to the event. & nbsp,
The most recent break is as follows: