Singapore Police Seize $150 Million in Assets Linked to Chen Zhi Money Laundering Case

The Singapore Police Force (SPF) recently conducted a significant operation against Cambodian businessman Chen Zhi and his associates, seizing assets exceeding S$150 million in connection with alleged money laundering and forgery offences. This action follows intelligence gathered from the Suspicious Transaction Reporting Office (STRO) in 2024, leading to international collaboration efforts.