U.K. Freezes $33 Million in London Property Tied to Singapore Money Laundering Fugitive

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 National Crime Agency (NCA) secured unexplained wealth orders against two companies controlled by Xu Haika, 44, who purchased the properties in 2023. 

The agency said Xu has no recorded salary or bank accounts in the U.K. to justify the acquisitions.