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The assets of relatives of the "Fujian gang" involved in Singapore's largest money laundering case are slated for confiscation in the UK. - CoinFeed
Time 02:04

The assets of relatives of the "Fujian gang" involved in Singapore's largest money laundering case are slated for confiscation in the UK.

March 14, 2026
CoinFeed News

CoinFeed reported on March 14 that, according to Caixin.com, the UK's National Crime Agency (NCA) planned to freeze and seize assets totaling £6 million (approximately RMB 55 million) in two apartments, a parking space, and six bank accounts held by a 24-year-old woman in London, on the grounds that these assets were suspected of being related to proceeds of crime and that their source could not be explained. On March 13, the UK High Court rejected the woman's application to have the freeze order lifted. According to information disclosed by the court, the 24-year-old woman's uncle was one of the 10 people arrested, convicted, and sentenced in Singapore's "S$3 billion money laundering case," and her father was among the other 17 fugitives involved in the case, and was one of the 15 people whose assets were later seized and handed over by the Singaporean authorities.

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