In the matter of an application by the Financial Intelligence Unit (MA 10/2014) [2014] SCSC 12 (20 January 2014)

In the matter of an application by the Financial Intelligence Unit (MA 10/2014) [2014] SCSC 12 (20 January 2014)

The court found reasonable grounds to suspect the accounts are linked to criminal conduct and that the investigation is ongoing, justifying extension of the freezing orders.

Citation
[2014] SCSC 12
Parties
Applicant: Financial Intelligence Unit; Respondent: Marcela Martinez; Respondent: Ciro Hernandez; Respondent: Sebastian Elichiry
Court
Supreme Court
Jurisdiction
Seychelles
Judgment Date
20 January 2014
Case Number
MA 10/2014
Procedural Posture
Ex Parte Application / Order on Application
Outcome
application granted
Legal Topics
Extension of Freezing Order, Proceeds of Crime, Money Laundering Investigation
Source Language
English
Criminal Law Anti Money Laundering Extension of Freezing Order Proceeds of Crime Money Laundering Investigation

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Parties

Financial Intelligence Unit

Applicant

Marcela Martinez

Respondent

Ciro Hernandez

Respondent

Sebastian Elichiry

Respondent

Procedural Posture

Ex Parte Application / Order on Application

Legal Issues

  1. 1 Whether there are reasonable grounds to extend the freezing directions on the specified accounts under Section 10(7) of the Anti-Money Laundering Act 2006

Ratio Decidendi

The court found reasonable grounds to suspect the accounts are linked to criminal conduct and that the investigation is ongoing, justifying extension of the freezing orders.

Court Disposition

application granted

Orders

  • Extension of freezing directions on Marcela Martinez's USD account no: 300000009753 and Euro account no: 300000009761 for 180 days from 20 January 2014
  • Extension of freezing direction on Ciro Hernandez's USD account no: 300000005987 for 180 days from 20 January 2014