Money laundering case: Accused linked to London buildings bought for S$73mil


One of the two buildings in London that were sold together for more than S$73m to New Yihao, a company that lists Su Haijin as shareholder. - SCREENGRAB FROM GOOGLE MAPS, WECHAT

SINGAPORE (The Straits Times/Asia News Network): A company partly owned by Su Haijin, one of the 10 accused in the billion-dollar money laundering case here, paid more than S$73 million for two buildings in London, checks by The Straits Times showed.

The buildings at 283 Oxford Street and 11 Princes Street, which back into each other, were sold for £43.3 million (S$73.5m) on Dec 17, 2021 to New Yihao, according to property records in Britain.

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Singapore , money , laundering , London , building

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