Singapore
Dust-covered Rolls-Royces, Ferraris among 47 cars auctioned after Singapore money laundering case
Forty-seven luxury vehicles linked to Singapore’s largest money laundering case, including Rolls-Royces, Ferraris, McLarens and Bentleys, are being auctioned. — AFP pic

SINGAPORE, July 29 — Forty-seven luxury vehicles linked to foreigners investigated in Singapore’s largest money laundering case are being auctioned, including Rolls-Royces, Ferraris, McLarens and Bentleys.

The Straits Times reported that Deloitte, which was appointed in August 2025 to manage the liquidation of seized assets, had engaged used-car auction platform Sgcarmart Quotz to conduct the closed bidding.

The vehicles include at least 11 Rolls-Royces, two Bentley Flying Spurs and 24 high-end seven-seaters such as the Toyota Alphard and Vellfire.

Some had barely been used, including a 2023 Rolls-Royce Phantom with 284km on its odometer and a Ferrari SF90 Stradale plug-in hybrid that had travelled 500km.

However, photographs and inspection reports showed that several cars had gathered dust or developed apparent mould while in storage, with many requiring new batteries and tyres as well as repairs to their air-conditioning or suspension systems.

The auction follows the August 2023 crackdown that led to the arrest and eventual deportation of 10 foreigners, while several vehicles were reportedly linked to suspects who fled Singapore and later surrendered assets.

ST previously reported that authorities had confiscated 207 properties, 77 vehicles, more than S$1.45 billion (RM5.93 billion) in bank accounts and over S$76 million in cash linked to the network, with proceeds from seized assets to be paid into Singapore’s Consolidated Fund.

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