As reported on December 30, assets in Singapore linked to Cambodia’s Chen Zhi and his Prince Group could again be frozen by local law-enforcement authorities in the near future.
According to Singapore media reports, the Commercial Affairs Department (CAD) is taking steps to seize a batch of assets involved in the case, including cheques worth more than S$3.7 million, bank drafts exceeding US$200,000, and approximately US$360,000 in insurance overpayments.
Compiled report by this station
