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$2.8b money laundering case: Luxury yacht linked to 2 accused listed for sale at more than $21m

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ST20230818_202323779582/zyoffice18/Zaihan/Jason Quah

The yacht named Family pictured at Sentosa on Aug 18, 2023.
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Checking out offices registered and belonging to the Fujian Family, charged with Money-laundering and forgery.

The 38m-long Benetti Fast 125 yacht sails under the Cook Islands’ flag, according to brochures put online by the brokers.

ST PHOTO: JASON QUAH

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SINGAPORE – A luxury yacht linked to the

$2.8b money-laundering bust in Singapore

has been listed for sale at US$15.5m ($21.2 million).

Checks by The Straits Times showed a number of yacht brokers based overseas had advertised the vessel named “Family” for sale from Sept 13, less than a month after nine men and one woman were arrested on Aug 15 in an operation led by the Commercial Affairs Department (CAD).

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