How many luxury vehicles linked to the money laundering case are up for auction?

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Forty-seven luxury vehicles linked to Singapore's largest money laundering case are up for auction.

Forty-seven luxury vehicles, implicated in Singapore's largest money laundering case, are currently being auctioned. These vehicles, seized as part of the investigation, include a variety of high-end marques and models. The auction is being managed by Deloitte, which was appointed to handle the liquidation of the confiscated assets.
A Diverse Fleet of High-End Vehicles

The collection features a significant number of luxury marques, with at least 11 Rolls-Royces and two Bentley Flying Spurs among the 47 vehicles. Additionally, 24 high-end seven-seater vehicles, such as the Toyota Alphard and Vellfire, are part of the auction. This diverse range highlights the extent of the assets seized from the foreign nationals involved in the money laundering network.
Vehicles with Minimal Usage

Several of the auctioned vehicles show exceptionally low mileage, indicating they were barely used. For instance, a 2023 Rolls-Royce Phantom has only 284 kilometers on its odometer, and a Ferrari SF90 Stradale plug-in hybrid has travelled just 500 kilometers. These low-usage figures underscore the nature of the assets involved in the case.
Auction Follows Major Crackdown and Asset Seizure

The auction is a direct consequence of a significant crackdown in August 2023, which resulted in the arrest and subsequent deportation of 10 foreign individuals. This operation led to the confiscation of a substantial amount of assets linked to the money laundering network. Authorities had previously seized 207 properties, 77 vehicles, over S$1.45 billion (RM5.93 billion) in bank accounts, and more than S$76 million in cash.

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How many luxury vehicles linked to the money laundering case are up for auction?

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