NCA freezes 16 luxury London properties worth approximately US$30M linked to a suspect under investigation in Singapore’s record US$2.3B money laundering case

The assets, held through UK-registered companies, were restrained under the Proceeds of Crime Act as part of ongoing civil recovery proceedings. The case highlights the ongoing misuse of UK real estate to conceal and integrate suspected illicit wealth and underscores the growing importance of global cooperation, BO transparency and asset recovery in combating cross-border money laundering…