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Property agents caught up in billion-dollar money laundering case may see commissions ‘clawed back’: Lawyers

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Around 60 real estate agents are suspected to be involved in the sale or rental of properties.

Around 60 real estate agents are suspected to be involved in the sale or rental of properties related to the case.

ST PHOTO: DESMOND FOO

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SINGAPORE – Commissions paid to agents for the sale or rental of property caught up in the

$1 billion money laundering case

could be clawed back, say lawyers.

The process would be a legally complex one and would rest on how much knowledge an agent had when a property transaction was under way.

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