Singapore says has seized $176m in assets in 1MDB-related probe

Singapore says has seized $176m in assets in 1MDB-related probe

Photo: Reuters

Singapore authorities have seized assets worth S$240 million($176.82 million) in an investigation of 1MDB-related fund flows for possible money laundering, in a probe which has found “deficiencies” at several major banks in the city-state.

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