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U.K. authorities have frozen 16 luxury London apartments worth 24.7 million pounds ($33.2 million) belonging to a fugitive from Singapore’s largest-ever money laundering case.
The NCA targets 16 luxury apartments owned by Xu Haika amid a broader crackdown on illicit wealth
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U.K. authorities have frozen 16 luxury London apartments worth 24.7 million pounds ($33.2 million) belonging to a fugitive from Singapore’s largest-ever money laundering case.

The nearly seven-year sentence underscores the city’s crackdown on mainland elites using shadow banks to obscure illicit wealth

Luxury London properties frozen as Foreign Office and US officials impose sanctions on gang behind centres in south-east Asia

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Xiao Rui, 37, also faces criminal sanctions for using bogus bank records to deceive Immigration Department into granting him…

The UK has also frozen assets linked to the alleged scammers, including a £100m London office building.