It says an inter-ministerial panel will be set up to review the anti-money laundering regime, reflecting learning points drawn from the case.

The assets now include cash amounting to more than S$76 million, 68 gold bars, cryptocurrencies of more than S$38 million, more than 110 properties and 62 vehicles worth more than S$1.2 million.

The former prime minister's lawyer says the application will be filed soon.

The scale of the money laundering operation has shocked the wealthy Asian financial hub, and raised concerns over whether there are loopholes in its financial system.

Foreigners aged between 31 and 44 were arrested, from Cyprus, Cambodia, Dominica, China, Turkey and Vanuatu, with police tying the seizures to overseas organised crime, including scams and online gambling.

Affin Bank officer Nor Ashikin Abdullah says the deposits were made through cash deposit machines at several bank branches.

This is the former prime minister's first representation to the Attorney-General's Chambers with regard to his SRC case involving RM27 million of funds.

In one of its biggest money-laundering cases, police say 400 officers fanned out across Singapore and launched simultaneous raids on residences across the city-state.

The foreigners were aged between 31 and 44, and their nationalities include Chinese, Turkish, Cypriot, Cambodian and Ni-Vanuatu.

Mohamad Madani Sahari is alleged to have committed the offences between July 2021 and February last year.

Azlan Man claims trial to the five new charges against him.

The former prime minister says he will fight them calmly in court.