PANews reported on March 4th that, according to Jiemian News, the Singapore Police Force announced the arrest of three Singaporeans suspected of money laundering related to the Prince Group between November last year and January this year, and issued an arrest warrant for another Singaporean woman, Chen Xiuling. Chen Zhi herself was arrested in Cambodia in January 2026 and was quickly deported back to China for investigation by relevant authorities. To date, the total value of Singaporean assets seized or prohibited from disposal in connection with this case exceeds S$500 million (approximately RMB 2.7 billion).
Singapore has seized RMB 2.7 billion in assets from the Chen Zhi Taizi Group.
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Author: PA一线
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