UK freezes $33 million in London properties linked to Singapore probe
Britain's National Crime Agency has frozen over $33 million in London properties owned by Xu Haika, a suspect in a major Singapore money laundering case.
The UK’s National Crime Agency has frozen London real estate valued at over $33 million belonging to Xu Haika, a multi-national suspect connected to a $2.3 billion money laundering investigation in Singapore. According to Land Registry documents gathered by Transparency International UK, the freeze orders were officially lodged on June 5.
Xu, who holds citizenship in China, Cambodia, and Vanuatu, is under scrutiny as part of Singapore's major anti-money laundering probe. The legal action in Britain marks an expansion of international efforts to freeze assets tied to the multi-billion dollar operation.
Sources: OCCRP