[2018] KEHC 9943 (KLR)

[2018] KEHC 9943 (KLR)

The court found that the applicant failed to establish the legitimate source of the Kshs.16,130,000 deposited in his account at Equity Bank. The evidence presented by the Commercial Bank of Africa indicated that the funds were likely fraudulently transferred, justifying the freezing of the applicant's accounts. The...

Source-derived case information.

Citation
[2018] KEHC 9943 (KLR)
Parties
Applicant: Erick Ngugi Gatimu; Respondent: Equity Bank Limited; Respondent: Director of Criminal Investigations; Interested Party: Commercial Bank of Africa
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Miscellaneous Criminal Case 518 of 2018
Procedural Posture
Miscellaneous Criminal Application / Ruling on Application for Dismissal
Outcome
application dismissed
Judges
LK Kimaru
Legal Topics
Proceeds of Crime, Account Freezing Orders, Money Laundering Investigations, Burden of Proof
Source Language
en
Criminal Law Banking and Finance Proceeds of Crime Account Freezing Orders Money Laundering Investigations Burden of Proof

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Parties

Erick Ngugi Gatimu

Applicant

Equity Bank Limited

Respondent

Director of Criminal Investigations

Respondent

Commercial Bank of Africa

Interested Party

Procedural Posture

Miscellaneous Criminal Application / Ruling on Application for Dismissal

  1. 1 Whether the applicant has established the legitimate source of funds deposited in his account at Equity Bank.
  2. 2 Whether the freezing of the applicant's accounts was justified pending investigations by the Director of Criminal Investigations.
  3. 3 Whether the applicant is entitled to relief from the court while evading criminal investigation.

Ratio Decidendi

The court found that the applicant failed to establish the legitimate source of the Kshs.16,130,000 deposited in his account at Equity Bank. The evidence presented by the Commercial Bank of Africa indicated that the funds were likely fraudulently transferred, justifying the freezing of the applicant's accounts. The applicant's refusal to present himself to the authorities further undermined his claim for relief. The court held that equitable relief cannot be granted to a party who does not act in good faith and who seeks to avoid lawful investigation. Accordingly, the application to lift the freezing orders was dismissed as lacking merit.

Court Disposition

application dismissed

Orders

  • The application is dismissed for lack of merit.
  • The freezing orders on the applicant's accounts remain in force pending further investigations.