UK Freezes $30 million in London Properties Owned by a Man Under Investigation in Singapore Money Laundering Case

Britain’s National Crime Agency has frozen at least $33 million in U.K. properties owned by Xu Haika, a suspect in a $2.3 billion Singapore money-laundering case tied to illegal gambling and cyber scam operations; the properties were bought via U.K. companies in mid-2023 and the freeze was issued under civil recovery legislation while Singapore and U.K. authorities continue investigations.