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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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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
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).

