Sanctioned Alleged Member of 'Criminal' Conglomerate Bought $17 Million in London Properties

An OCCRP-focused report details how Yang Jian, a Chinese citizen who obtained Cypriot citizenship in 2019, is linked to Palau-based Grand Legend International and the Cambodia-rooted Prince Group, with ownership of London properties and active Hong Kong stakes; it also highlights overlapping business ties with Hu Xiaowei (aka Chen Xiaoer) and extensive real estate acquisitions by associate Zhu Zhongbiao in Dubai and London. The piece outlines escalating enforcement actions—U.S., U.K., and South Korea sanctions; the arrest and January extradition of Prince Group chairman Chen Zhi to China; recent arrests and asset seizures in Singapore; Taiwan’s indictment of 62 people connected to the group; and China’s February 15 surrender deadline—while the Prince Group denies any illegal activity.