SINGAPORE – More assets in Singapore linked to Cambodian businessman Chen Zhi and his firm, Prince Group, may be seized after their existence was disclosed in a court hearing. The Straits Times understands that the Commercial Affairs Department (CAD) is looking to seize cheques of more than $3.7 million, bonds valued at over US$200,000 (S$257,000), and security deposits worth $362,200. A former employee of Chen’s Singapore-based family office, DW Capital, had filed an application on Nov 18 for the release of funds from the family office, according to affidavits seen by ST. READ: US charges Cambodian executive in massive crypto […]... Keep on reading: Cambodian tycoon linked to scams: More assets in Singapore to be seized