Spokespeople for CapitaLand Development and City Developments said the firms are not able to comment as investigations are ongoing. Shun Tak did not immediately respond to requests for comment.
A Turkish national arrested in Singapore’s $1.8 billion money laundering case had financed the purchase of 11 luxury condominium units in upscale neighbourhoods of the city-state, according to an affidavit by a police investigator.
Vang Shuiming had financed 10 units at Canninghill Piers, which is being built by City Developments Ltd and CapitaLand Development, and one unit at Shun Tak Holdings’ Park Nova. The units are currently under construction and have been served with prohibition of disposal orders.
