Singapore police: have seized "Prince Group" Chen Zhi's assets worth more than S $150 million
2025-10-31 12:04:46
According to Caixin, the Singapore police announced today that they have launched an enforcement operation against the head of the "Prince Group" Chen Zhi and his associates, seizing assets worth more than S $150 million (about RMB 800 million). In the enforcement operation, the Singapore police issued a prohibition order on a total of six properties owned by Chen Zhi and his associates, as well as various financial assets, including bank accounts, securities accounts and cash. The Singapore police said that Chen Zhi and his associates are not in Singapore at present, and the investigation is still ongoing.
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