UK Freezes Around $30–33 Million in London Properties Linked to Suspect in Singapore’s $2.3 Billion Money Laundering Case

Britain's National Crime Agency (NCA) has frozen at least $33 million worth of properties owned by Xu Haika, a Chinese, Cambodian and Vanuatu national identified as a suspect in Singapore's largest-ever money laundering investigation.

• Xu Haika has not been criminally charged in the UK.
• The NCA obtained the freezing order under civil recovery legislation, which permits law enforcement to target property suspected of being derived from unlawful conduct.
• The timing coincided with Singapore police disrupting what authorities described as the country’s biggest money laundering operation. OCCRP first reported on this UK real estate portfolio in November 2025.

Land registry records obtained by Transparency International UK and shared with the Organised Crime and Corruption Reporting Project (OCCRP) show that the NCA lodged freeze orders against Xu Haika’s properties on 5 June 2026.

• The assets comprise 16 luxury apartments in two adjoining new-build developments in central London, near Tottenham Court Road and just off Oxford Street.
• Xu Haika purchased the properties between July and August 2023 through UK companies of which he was the sole shareholder.

It has been reported that Flanton & Co is the accountancy firm that registered his two UK companies.

1. According to the OCCRP reporting (24 July 2026), Flanton & Co is the UK accountancy firm that registered the two UK companies of which Xu Haika was the sole shareholder.
2. Those companies own the 16 luxury London apartments that the National Crime Agency later froze.
3. OCCRP and previous reporting sent questions about the properties and Xu Haika’s links to the Singapore money-laundering investigation to Flanton & Co (as the firm that handled the company registrations).

Singapore authorities have named Xu Haika as a suspect in the 2023 case.

• He fled after law enforcement raids on 15 August 2023 that led to the arrest of 10 individuals (reportedly from China but holding various passports) and the seizure of assets valued at approximately $2.3 billion. These were deemed proceeds of illegal gambling and cyber scam operations.
• Nearly three years on, Xu Haika remains under investigation as a suspect, according to previous statements from the Singapore Police Force (SPF) to The Straits Times and OCCRP in 2025.

In response to more recent follow-up questions from The Straits Times,

• The SPF referred to its earlier replies and stated it would not issue any new statements regarding Xu Haika at this time.
• Xu Haika did not reply to questions sent via email. Neither he nor the firm responded to earlier queries about the properties or his links to the Singapore case.

This development forms part of ongoing international efforts to recover assets connected to the Singapore case, which has already seen substantial forfeitures and settlements involving other individuals.

Several others who evaded arrest or left Singapore before the crackdown later negotiated settlements with the Singapore government as authorities pursued asset recovery.

Primary sources

Andrew Wong of The Straits Times contributed reporting from Singapore.

• OCCRP main article (24 July 2026): https://www.occrp.org/en/news/uk-freezes-30-million-in-london-properties-owned-by-a-man-under-investigation-in-singapore-money-laundering-case
• OCCRP earlier reporting on the properties (7 November 2025): https://www.occrp.org/en/scoop/as-singaporean-police-investigated-a-money-laundering-syndicate-two-men-dropped-50m-on-london-properties
• The Straits Times reporting on the UK property purchases (November 2025): https://www.straitstimes.com/singapore/3b-money-laundering-case-two-suspects-on-the-run-spent-70m-on-uk-properties
• Related Straits Times coverage on blacklisted companies linked to the case: https://www.straitstimes.com/singapore/3b-money-laundering-case-companies-linked-to-2-fugitives-blacklisted-in-singapore
• https://www.occrp.org/en/news/uk-freezes-30-million-in-london-properties-owned-by-a-man-under-investigation-in-singapore-money-laundering-case

All factual details above are drawn directly from these publicly reported sources. No independent verification of the underlying land registry documents or private communications has been conducted beyond the published reporting.