A total of 466 luxury items and 58 pieces of gold bars from the $3 billion money laundering case have been handed over by police to professional services firm Deloitte to manage and liquidate.

But when such luxury watches, designer handbags, and gold are seized in multi-million-dollar money laundering cases, what actually happens to them? 

Who gets to buy these prized assets, and how does the government ensure the process is fair and transparent?

On The Big Story, Hongbin Jeong speaks to Alexander Woon, Counsel, RHTLaw Asia LLP and Provost's Chair and Lecturer, Law Programmes, Singapore University of Social Sciences, to find out more.

 

A total of 466 luxury items and 58 pieces of gold bars from the $3 billion money laundering case have been handed over by police to professional services firm Deloitte to manage and liquidate.
But when such luxury watches, designer handbags, and gold are seized in multi-million-dollar money laundering cases, what actually happens to them?&nbsp;
Who gets to buy these prized assets, and how does the government ensure the process is fair and transparent?
On The Big Story, Hongbin Jeong speaks to Alexander Woon, Counsel, RHTLaw Asia LLP and Provost's Chair and Lecturer, Law Programmes, Singapore University of Social Sciences, to find out more.
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Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.