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May 17, 2026
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Hong Kong court freezes HK$9 billion in assets, properties linked to Chen Zhi

    Hong Kong court freezes HK$9 billion in assets, properties linked to Chen Zhi

    3 days ago02 mins

    A Hong Kong court has ordered the freezing of properties and assets worth more than HK$9 billion (US$1.15 billion) held by detained Chinese-born Cambodian businessman Chen Zhi and his associated companies and individuals, the South China Morning Post has learned. A source told the SCMP on Thursday that the High Court had ordered a restriction…

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    AML Intelligence

      NEWS: Cambodia extradites former Huione chair, accused of money laundering, to China

      2 months ago01 mins

      By Joe Cash, Josh Smith and Poppy McPherson LI Xiong, a former leader at Cambodian financial conglomerate Huione Pay which was accused of laundering money for crime organisations, has been extradited from Cambodia to China. Cambodia said that the action showed it was cracking down on scam operations. Subscribe now to have unlimited access With…

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