Suspects back in court over Singapore’s swoop on major money laundering ring

Ten foreigners accused of involvement in a major money laundering operation in Singapore were again remanded to custody on Wednesday, with new charges slapped on eight, as the city-state widens the net in one of its highest-profile crime cases.

Authorities seized assets of more than S$1 billion ($739.64 million) in simultaneous raids two weeks ago, from gold bars, designer handbags and fistfuls of jewellery to scores of properties and luxury cars, in a haul that shocked the wealthy nation known for low crime rates.

In a raid on Aug. 15, 10 foreigners aged between 31 and 44 were arrested, from Cyprus, Cambodia, Dominica, China, Turkey and Vanuatu.

Police have tied the seizures to overseas organised crime, including scams, remote gambling in the Philippines and unlicensed moneylending in China.

All ten who appeared in court via video link on Wednesday were...