[SINGAPORE] A total of 466 luxury items and 58 pieces of gold bars from the S$3 billion money laundering case have been handed over by the police to professional services firm Deloitte to manage and liquidate.
They include Patek Philippe and Richard Mille watches, multiple diamond-encrusted jewellery, Hermes and Louis Vuitton handbags. The gold bars each weighed between 999 g and 1 kg.
The assets were among items seized in an anti-money laundering operation that saw 10 foreigners arrested in multiple raids on Aug 15, 2023, and 17 other suspects who fled Singapore amid the probe.
The police said it would progressively hand over all the remaining non-cash assets to Deloitte to manage and liquidate.
In total, police seized or took control of…