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Police start process for DBS to sell shophouses linked to money laundering bust

Police start process for DBS to sell shophouses linked to money laundering bust
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10 shophouses owned by persons of interest in anti-money laundering probe put up for sale by DBS

SINGAPORE - Ten shophouses owned by two Chinese nationals who were reportedly linked to an accused person in the $3 billion money laundering case have been put on the market by DBS Bank as it seeks to recover repayments of its loans. The properties - estimated by observers to be valued at more than $100 million combined - were separately. ....

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