SINGAPORE -- Singaporean authorities have seized or frozen assets worth over 150 million Singapore dollars ($115 million) linked to Cambodian businessman Chen Zhi and his Prince Group companies, the city-state's police said on Friday, as an international dragnet widens over the figure and his alleged scam operations.
Crime
Singapore seizes yacht, liquor, other assets tied to Prince Group scams
City-state's financial institutions closed 'suspicious accounts,' central banks says
A yacht and shelves of liquor seized by Singapore police: The city-state has joined an international effort to tighten the dragnet around Prince Group founder Chen Zhi. (Photos from Singapore Police Force website)
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