Singapore – Singapore’s image as a squeaky-clean business hub is under scrutiny amid a huge money laundering scandal that has so far resulted in 10 arrests and the seizure of assets worth 1.8 billion Singaporean dollars ($1.3bn).
Singapore police last month arrested 10 foreign nationals – aged between 31 and 44 – and raided residences, seizing luxury items including Hermes handbags, Patek Philippe watches, aged Macallan whisky, and Bentley and Rolls-Royce cars.
