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Singapore: Police seizes $736 million in assets anti-laundering raids

Singapore: Police seizes $736 million in assets anti-laundering raids
In massive raids against a rumored global money laundering conspiracy, Singaporean investigators have recovered assets worth close to US$750 million, police announced on Wednesday. Ten foreign people from China, Turkey, Cambodia, Cyprus, and Vanuatu were detained by the police during the operation, which was conducted on Tuesday and targeted places throughout the city-state.