𝕏xSG first seen 1 d ago, last 1 d ago, peak #3

Singapore refers eight officers to police over suspicious property deals

Original: After a US-based National Bureau of Economic Research working paper co-authored by professor @AmitSeru flagged suspiciou

A National Bureau of Economic Research working paper co-authored by Stanford professor Amit Seru flagged suspicious real estate purchases made near future subway stations in Singapore. In response, Singapore has referred eight officers to the police for an independent review of the transactions. The move follows scrutiny of whether officials used advance knowledge of transit plans to profit from property buys.

Why now: An academic paper alleging possible insider property dealing prompted the government to hand officers to police.

Amit SeruNational Bureau of Economic ResearchSingaporeStanford

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• After a US-based National Bureau of Economic Research working paper co-authored by professor @AmitSeru flagged suspicious real estate buys near future subway stations, Singapore has referred eight officers to the police for an independent review. · StanfordGSB · 5

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