The NCA uses both civil and criminal powers to investigate the provenance of assets in the UK where they are believed to have been acquired with the proceeds of crime, including when the suspected criminality was committed overseas.
According to the NCA, they suspect the assets were obtained from large-scale financial frauds in China, and the laundering of the proceeds from the frauds in overseas jurisdictions including the UK and Jersey.
Mr Tian and Ms Hao were unable to provide the NCA with a reasonable explanation for the source of the funds used to buy the properties.
The properties formed part of a 12 million settlement made with the National Crime Agency from what it suspects to be the proceeds of crime.
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