Inside the Auctions for Singapore's Seized Luxury Goods
Luxury goods seized during a S$3 billion money laundering scandal in Singapore are being sold at auction. While designer items are selling, the associated upscale condominiums are facing difficulty finding buyers.
Three years after a S$3 billion money laundering scandal hit Singapore, some seized luxury items like designer bags have been snapped up at auction. But upscale condos are struggling to find buyers. Srinidhi Ragavendran explains why. (Source: Bloomberg)
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