Assets worth a combined £50 million, including a yacht, have been frozen after the Crown Prosecution Service (CPS) secured an unexplained wealth order against two British nationals.

The action targeting the unnamed man and woman represents only the second time such an order has been granted since powers came into force in January 2018.

Items affected include a £1.9 million yacht, a bank account containing roughly £2.6 million, eight vehicles worth around £600,000, and several high-value properties in England, France, Spain and Portugal, the CPS said.

The pair and their associated companies have three months to prove the funds were legally sourced.

Should they fail to clarify the money's origin, the CPS can apply to permanently seize the assets without a criminal conviction.

An interim property freezing order has been issued under the Proceeds of Crime Act 2022 to investigate the laundering of international illicit funds in the UK , the CPS added.

Eight vehicles worth around £600,000 were among the…