Singapore’s government has referred eight civil servants to the police over alleged property purchases that appear to be linked to future Mass Rapid Transit (MRT) stations that had not been publicly announced, a minister said in a statement.
The referrals follow a paper released by a local think tank, which identified a correlation between the civil servants’ recent property acquisitions and the locations of MRT stations that were still unannounced at the time of purchase.
The minister emphasized that the referrals are part of a “zero‑tolerance” approach to potential conflicts of interest and that the police will conduct a full investigation into the matter.
Singapore’s property market is highly sensitive to transport infrastructure developments, as new MRT lines and stations can significantly increase land values and attract speculative activity.
The investigation is ongoing; no charges have been filed and the identities of the eight civil servants have not been disclosed.
<small>Source: Al Jazeera — read the original story there.</small>
