Singapore police have seized about S$1bn ($735m; £578m) - including luxury homes, cars and watches - in one of its biggest anti-money laundering probes.
Cash, cars and homes seized in $735m Singapore anti-money laundering raids A Rolls-Royce and Bentley were seized. Luxury cars were among the 50 vehicles seized by police Singapore police have seized about S$1bn ($735m; £578m) - including luxury homes, cars and watches - in one of its biggest anti-money laundering probes. Gold bars, designer handbags, wine and S$23m in cash were among the items seized in the raids. Police arrested ten people in the operation, all of whom held foreign passports. Raids of this size are rare in Singapore, which has one of the lowest crime rates in the world. The Singapore Police Force said in a statement that simultaneous raids were held across the city-state on Tuesday. It added that 94 properties, including houses in some of the country's most sought after areas, were seized, along with 50 vehicles. Cash seized by Singapore police. Image caption, Police said the cash seized was in Singapore bank notes and other currencies Ten people, aged between 31...