In the matter of Financial Intelligence Unit (MC 46.2013) [2014] SCSC 185 (15 May 2014)

In the matter of Financial Intelligence Unit (MC 46.2013) [2014] SCSC 185 (15 May 2014)

The extension of the freezing order is justified and necessary based on the affidavit evidence provided by the applicant.

Citation
[2014] SCSC 185
Parties
Petitioner: Financial Intelligence Unit
Court
Supreme Court
Jurisdiction
Seychelles
Judgment Date
15 May 2014
Case Number
MC 46.2013
Procedural Posture
Application / Order on Extension of Freezing Order
Outcome
application granted
Legal Topics
Anti Money Laundering, Freezing Orders
Source Language
English

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Parties

Financial Intelligence Unit

Petitioner

Procedural Posture

Application / Order on Extension of Freezing Order

  1. 1 Whether the freezing order should be extended under Section 10(7) of the Anti-Money Laundering Act 2006-2011

Ratio Decidendi

The extension of the freezing order is justified and necessary based on the affidavit evidence provided by the applicant.

Court Disposition

application granted

Orders

  • Freezing order extended for 180 days from 16 May 2014 for GBP 996,762 in specified accounts at BMI Offshore Limited.