13 Nov 2019
A meth dealer’s boasts to an undercover cop triggered a new police investigation into his father’s financial affairs and a three year legal battle over $10 million and 15 commercial properties in Gisborne.
More than $10 million and a commercial property empire owned by a wealthy Singaporean couple have been frozen following a police investigation into their son’s meth dealing.
Thomas Cheng, living in Gisborne, was sentenced to 10 years in prison in February last year after being convicted of importing and supplying methamphetamine.
He boasted to an undercover police officer about owning a large number of properties in New Zealand, six of which were restrained under the Criminal Proceeds Recovery Act shortly after his arrest in 2016.
The commercial properties were in fact owned by companies associated with his father, William Cheng, and wife Nyioh Chew Hong who still live in Singapore.
By Jared Savage, The New Zealand Herald, 13 November 2019
Read more at The New Zealand Herald
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