Bids begin closing for jewellery seized from Fujian gang; yellow diamond ring attracts $230k offer

The most expensive item in the second tranche of items put on auction is a 15.02 carat “fancy yellow” diamond ring.

SCREENGRAB FROM HOTLOTZ

Published Sep 27, 2026, 04:29 PM

Updated Sep 27, 2026, 04:29 PM

SINGAPORE – Bids for 286 pieces of fine jewellery seized in Singapore’s landmark $3 billion money laundering case ranged from $700 to $230,000 as the second online auction for the confiscated goods began concluding shortly after 4pm on Sept 27.

Diamonds dominated the proceedings. A 15.02-carat “fancy yellow” diamond ring attracted an offer of $230,000, closely followed by a $220,000 bid for a Hermes bracelet studded with 263 diamonds totalling 30.31 carats.

At the other end of the spectrum, the cheapest item was a gold ring engraved with a heart and the letters WQ, which appear to be the initials of Wu Qin, the wife of convicted money launderer Su Haijin. As at 4pm, it had an asking price of $700. A matching band engraved with the letters SHJ had a bid of $800.

Bidding for the items began closing from 4pm, with the latest items left on auction scheduled to conclude after 8pm.

Under the rules of local auction house Hotlotz, which is hosting the auction, any bid placed within the final five minutes extends the bidding period for that lot by another five minutes. The extension continues until five minutes pass without a new bid.

A buyer’s premium of 20 per cent is also added on top of the closing bid.

Online bidding for this second tranche of items began on Sept 7 alongside a separate auction for luxury goods that closed on Sept 20.

That earlier auction, which featured 337 items including luxury handbags and accessories, attracted more than $1.1 million in bids .

A limited-edition Louis Vuitton pumpkin bag was the most sought-after piece, with 81 bids pushing the final price to $87,000.

The next round of auctions begins on Nov 9, as part of 15 sales scheduled through May 2027.

In addition to the luxury items, properties linked to the money laundering suspects have also been put up for sale.

On Sept 23, four luxury apartments at Wallich Residence and Martin Modern were sold at auction, although another 15 properties were withdrawn after failing to meet their reserve prices or attract any bids.

Among the properties withdrawn was the most expensive – a 42nd-floor penthouse at South Beach Residences with a guide price of $25.3 million.

In total, more than 1,000 luxury items forfeited in connection with the case are being auctioned. The sales are overseen by professional services firm Deloitte, which was appointed by the police in 2025 to manage and liquidate the seized assets.

All proceeds will go into the Consolidated Fund, which functions as the Government’s central bank account.

Aqil Hamzah is a transport journalist at The Straits Times. He is also interested in issues related to crime and technology.

第二批拍卖品中最贵的一件是一枚15.02克拉的“艳彩黄钻”戒指。

截图来自 HOTLOTZ

发布于 2026 年 9 月 27 日下午 4:29

更新于2026年9月27日下午4:29

新加坡——在新加坡具有里程碑意义的30亿美元洗钱案中查获的286件高级珠宝，在9月27日下午4点刚过不久举行的第二次网上拍卖中，竞标价格从700美元到23万美元不等。

钻石在拍卖会上大放异彩。一枚15.02克拉的“艳彩黄钻”戒指吸引了23万美元的出价，紧随其后的是一条镶嵌263颗钻石、总重30.31克拉的爱马仕手镯，成交价为22万美元。

另一方面，最便宜的拍品是一枚金戒指，上面刻着一颗心和字母“WQ”，这似乎是洗钱罪犯苏海进的妻子吴琴的姓名首字母。截至下午4点，这枚戒指的要价为700美元。一枚与之配套的戒指，刻着字母“SHJ”，出价为800美元。

拍卖品的竞价从下午 4 点开始陆续结束，最后剩下的拍卖品预计将于晚上 8 点后结束。

根据主办此次拍卖的当地拍卖行Hotlotz的规定，在最后五分钟内提出的任何出价都会使该拍品的竞价时间延长五分钟。如果五分钟内没有新的出价，竞价时间将一直延长。

成交价之外，还要加收20%的买方佣金。

第二批拍品的网上竞拍于 9 月 7 日开始，同时还举行了一场奢侈品拍卖会，该拍卖会于 9 月 20 日结束。

此前那场拍卖会共有 337 件拍品，包括奢侈手袋和配饰，吸引了超过 110 万美元的竞标。

限量版路易威登南瓜包是最受欢迎的拍品，经过 81 次竞价，最终成交价达到 87,000 美元。

下一轮拍卖将于 11 月 9 日开始，这是计划持续到 2027 年 5 月的 15 场拍卖会的一部分。

除了奢侈品外，与洗钱嫌疑人有关的房产也被挂牌出售。

9 月 23 日，Wallich Residence 和 Martin Modern 的四套豪华公寓在拍卖会上售出，但另有 15 套房产因未能达到底价或吸引任何竞标而被撤回。

撤回的房产中最贵的是位于南海滩住宅区 42 层的顶层公寓，指导价为 2530 万美元。

总计有超过1000件与此案相关的奢侈品被没收，目前正在进行拍卖。拍卖由专业服务公司德勤负责监督，该公司于2025年受警方委托，负责管理和清算这些查获的资产。

所有收益将进入统一基金，该基金相当于政府的中央银行账户。

阿基尔·哈姆扎是《海峡时报》的交通记者。他也对犯罪和科技相关议题感兴趣。