Illicit Wealth and Property in Singapore: Part 1

In September 2020, a global investigation involving major dark data leakage revealed suspicious financial movements amounting to $2 trillion dollars across financial institutions and real estate industry. These leaked transactions have since become widely known as the Panama Papers.

In this podcast session, real estate Professor Sing Tien Foo interviews Professor Sumit Agarwal for a change, to zero in on Sumit’s research on financial transactions that took place in Singapore. Together, the inquisitive duo teases out surprising insights into the premiums paid for properties in these illicit transactions as compared to non-Panama linked transactions.