A businessman’s dinosaur collection and apartments were confiscated in London: what he is suspected of
6 November 17:09
In London, British authorities have confiscated fossils of two dinosaurs from Singaporean businessman Su Binhai, who is suspected of laundering 2.5 billion pounds.
This was reported by The Times, according to "Komersant Ukrainian".
The publication notes that these are the skeletons of a stegosaurus and two allosaurs – an adult and a young one – dating back to the late Jurassic period (approximately 145-157 million years ago). They were unearthed in the US state of Wyoming in 2002.
the 144 bones of the stegosaurus were mounted in a 3D structure over 5 meters long, which was sold to Su Binghai at Christie’s for £12.4 million in December 2024.
What was confiscated
A British court ordered the fossils to be seized under the Proceeds of Crime Act as part of a case against the businessman, his wife Zhang Weituan, and Su Empire Limited.
In addition to the dinosaurs, the following items were confiscated:
- aflower bowl from the Yongzheng period – £151,200;
- ming vase with dragons and phoenixes – £50,400;
- nine apartments in a luxury complex in central London, purchased for almost £18 million;
- and rental income of £343 thousand.
What is known about the case
Binhai is under investigation in Singapore in a $3 billion fraud case.
In April, the UK High Court issued an “unjustified wealth order” against him and temporarily froze his assets.
The details of the charges are not yet disclosed, but according to British media, the investigation covers transactions with assets purchased with funds whose origin the businessman could not explain.
The UK is actively using Unexplained Wealth Orders (UWO) mechanisms – the so-called “unexplained wealth orders” – against foreign nationals who own luxury real estate and luxury goods without confirmed sources of income.
Previously, similar cases have involved Russian and Asian businessmen linked to dubious financial flows.
