eNCA reports that more than R400-million in assets belonging to controversial businessman Jay Singh has been seized by the National Prosecuting Authority. The move relates to an investigation into four low-cost housing developments built by Singh in Phoenix, north of Durban. The NPA believes Woodglaze Trading - one of several companies linked to Singh - fraudulently transferred the flats to social housing company, First Metro. The raid was prompted after an investigation commissioned by the National Treasury. The construction tycoon is also in the spotlight after the Tongaat mall collapse that killed two people last year. Attempts to contact Singh and his attorneys were unsuccessful.