The buildings are at 11 Princes Street and 283 Oxford Street, which is Europe’s busiest shopping street. Read more at straitstimes.com.
paid more than $73 million for two buildings in London, checks by The Straits Times showed.
New Yihao was registered in tax-haven Jersey, an island country near the coast of north-west France. The company was set up just two months before the purchases. The 40-year-old, who was born in China, faces one charge of money laundering and another for resisting arrest in Singapore. He allegedly has over $4 million in a UOB bank account, said to be benefits from unlawful remote gambling offences.His ownership of a property in Oxford Street, London, was mentioned in court on Wednesday, at a hearing where the Cypriot national was denied bail.
Radio Free Asia reported that another accused in the money laundering case, Lin Baoying, had purchased a penthouse apartment in a 65-storey luxury residential skyscraper in Canary Wharf, London’s premier financial district, for £1.78 million.The 43-year-old Chinese national is facing two forgery charges and a charge of perverting the course of justice in Singapore.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Money laundering case: Accused Su Haijin linked to $73m London buildings on famous shopping streetSINGAPORE - Two buildings in London, on Europe’s busiest shopping street, were sold together for more than $73m to New Yihao, a company that lists as shareholder Su Haijin, one of the accused in the money laundering case. Read more at straitstimes.com.
Read more »
Man who jumped from bungalow in money laundering case has up to 5 passports and is a flight risk: DPPSu Haijin, one of the 10 accused in the billion-dollar money laundering case, is an extreme flight risk and...
Read more »
Son of money laundering accused led police to parents’ room before father jumped off balconyThe eldest son of Su Haijin, one of the accused in the $1.8 billion money laundering case, led police officers to his parents’...
Read more »
Man who jumped from GCB to evade arrest has up to 5 passports, plus a secret one he didn't tell police: DPPSINGAPORE — Su Haijin, one of the 10 accused in the billion-dollar money laundering case, is an extreme flight risk and could have passports in as many as five countries, said the prosecution on Wednesday (Sept 13). During a court session, that lasted more than two hours, Deputy Public Prosecutor (DPP) Eric Hu said apart from Cypriot and Chinese passports,...
Read more »
Daily roundup: Man who jumped from GCB to evade arrest has up to 5 passports, plus a secret one he didn't tell policeStay in the know with a recap of our top stories today. 1. Man who jumped from GCB to evade arrest has up to 5 passports, plus a secret one he didn't tell police: DPP Su Haijin, one of the 10 accused in the billion-dollar money laundering case, is an extreme flight risk and could have passports in as many...
Read more »
Money laundering case: Son led police to parents' room before dad jumped off balconyThe eldest son of Su Haijin, one of the accused in the $1.8 billion money laundering case, led police officers to his parents’ bedroom during the islandwide blitz on Aug 15. Read more at stomp.straitstimes.com
Read more »