Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Zayn Malik Drops Die For Me Music Video
    Videos

    Zayn Malik Releases Die For Me Music Video Ahead of New Album

    February 6, 2026 3 Min Read
    Masters of the Universe teaser
    Videos

    Masters of the Universe Teaser Reveals Nicholas Galitzine as He-Man

    January 22, 2026 3 Min Read
    Bridgerton Season 4 trailer
    EntertainmentVideos

    Bridgerton Season 4 Trailer Reveals Benedict’s Love Story

    December 26, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: UK Seizes £12.4M in Assets from Su Binghai 
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Offbeat > UK Seizes £12.4M in Assets from Su Binghai 
Offbeat

UK Seizes £12.4M in Assets from Su Binghai 

Web Desk
By Web Desk Published November 6, 2025 2 Min Read
Share
Dinosaur fossils are on display at Christie's auction house in London, Britain, in an undated photo. Image Credit:: Christie's/ Handout via Reuters
SHARE

The United Kingdom’s National Crime Agency (NCA) has secured the forfeiture of assets worth £12.4 million from Singaporean businessman Su Binghai. The High Court in London approved the seizure under the Proceeds of Crime Act.

The confiscated assets include a collection of rare dinosaur skeletons, luxury apartments in London, and valuable Chinese artworks.

The forfeited items highlight the scale of the case. The seized assets consist of several high-value categories. The collection comprises two Allosaurus skeletons and one Stegosaurus skeleton, which were acquired through Christie’s auction house. Authorities also confiscated nine luxury apartments in London’s Westminster district, valued at £18 million. Another part of the forfeiture includes eleven Chinese artworks, valued at approximately £400,000.

Dinosaur skeletons worth £12.4million are seized from Singaporean businessman 'linked to £2.5billion money laundering' as well as nine London apartments and Chinese art https://t.co/Qp4MScVgUR

— Daily Mail (@DailyMail) November 6, 2025

The court also ordered Su to pay £343,000 in rental income derived from the properties. Su Binghai is identified as a primary figure in a massive £2.5 billion money laundering case in Singapore. According to reports, he left Singapore after surrendering assets worth over £240 million.

In the UK case, the court ruled that Su will only receive one quarter of the sales proceeds from the seized assets. Christie’s auction house stated it had complied with all anti-money laundering procedures and fully cooperated with law enforcement.

This forfeiture represents a significant action in a complex, international financial crime investigation.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Kim Kardashian Meghan Markle feud

Kim Kardashian May Ban Meghan Markle After Birthday Photo Controversy

Lamine Yamal Lily Rowland Relationship

Lamine Yamal Lily Rowland Relationship Rumors Spark Online Buzz

iPhone 18 Pro Max battery life

iPhone 18 Pro Max Battery Life Leak Hints at Multi-Day Power

Post Archives

More Popular from Photonews

new CNIC verification features
Pakistan

Pakistan Smart CNIC Security Updates Introduce QR Code, Biometric Safeguards

2 Min Read
Pakistan Opposes UNSC Expansion
Pakistan

Pakistan Opposes UNSC Permanent Seats Expansion at UN Talks

2 Min Read
Pakistan Stock Exchange KSE-100
Business

PSX KSE-100 Index Drops 3.16% as US-Iran Tensions Weigh on Market

2 Min Read
Entertainment

Cardi B Vancouver Concert 2026: Fans Mesmerized at Rogers Arena

The Cardi B Vancouver concert 2026 became a viral moment after the rapper delivered a high-energy…

February 23, 2026
Sports

Sialkot Stallionz Ownership Controversy Deepens After Bankruptcy Claims Denied

The Sialkot Stallionz ownership controversy has escalated after franchise owner Hamza Majeed rejected claims that OZ…

February 25, 2026
Sindh

Dhabeji Pumping Station Pipeline Rupture Disrupts Karachi Water Supply

The Dhabeji pumping station pipeline rupture has disrupted water supply in several parts of Karachi after…

February 22, 2026
Tech

iPhone Slide to Answer Feature: Why No Decline Button on Lock Screen?

The iPhone slide-to-answer feature often confuses users, as the Decline button disappears when a call comes…

February 23, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog
  • About Us
  • Privacy Policy
  • Code of Ethics & Editorial Standards

© 2026 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?