Eight remanded in custody over multi-million pound 'Chinese dirty money' laundering probe

'DIRTY MONEY' The probe centres around Chinese cash laundered through City of London banks

EIGHT people arrested as part of a major probe into suspected multi-million laundering of Chinese "dirty money" through City of London banks have been remanded in custody.

The suspects were arrested during a series of raids across London and one in Berkshire on Friday.

They appeared at Westminster Magistrates Court on Saturday charged with conspiracy to money launder and were remanded in custody.

The suspects are:

*Jiaming Chen, 27

*Gian Gao, 32

*Rongzhu Wei, 32

*Jinhui Wang, 39 * Shiqiang Wang, 28 *Xiao Wu, 26 *Jinhua Xue, 29

*Hai Bin Xue, 30

The probe is being led by City of London Police's Financial Investigation Unit.

The defendants will next appear in crown court later this year.