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Singapore: Does ‘Forfeiture For Freedom’ Work?

Summary by Asia Sentinel
By: Andy Wong Ming JunIn an abrupt denouement to the long-running S$3 billion (US$2 billion) money laundering affair that engulfed Singapore in August 2023, the city-state has closed its criminal investigations against 15 of 17 foreign nationals of Chinese origin who had absconded, forfeiting S$1.85 billion (US$1.37 billion) in financial wealth and asse…
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