The police are investigating two Chinese nationals, who are believed to be associates of alleged scam kingpin Chen Zhi, over alleged money laundering offences.In an update on Tuesday (June 23) night, police said they are investigating the duo as part of ongoing investigations into the Prince Holding Group, its founder and chairman, Chen Zhi, his associates and related companies.Hu Xiaowei, 44, purportedly holds passports issued by Cyprus, Saint Kitts and Nevis, and Hong Kong. His assets held across banks and securities accounts in Singapore were seized in January this year.As part of ongoing probes into associates linked to the Prince Holding Group, the police said they have also been working actively with international law enforcement partners, including US agencies.This led to the investigation of another Chinese national, 38-year-old Qiu Wei Ren, who allegedly holds passports issued by Cambodia and Saint Kitts and Nevis. Read more