Financial Intelligence Unit v Sentry Global Securities Ltd & Ors (CS 343/2010) [2011] SCSC 28 (30 April 2011)

Financial Intelligence Unit v Sentry Global Securities Ltd & Ors (CS 343/2010) [2011] SCSC 28 (30 April 2011)

The applicant failed to provide sufficient evidence, such as certified copies of judgments or convictions, to meet the evidential threshold required for a section 4 interlocutory order under POCA. Reliance on initiating documents and press releases is inadequate.

Citation
[2011] SCSC 28
Parties
Applicant: Financial Intelligence Unit; Respondent: Sentry Global Securities Ltd; Respondents: Respondents No 1 to 13; Respondent: Respondent No 14 (Barclays Bank (Seychelles) Ltd)
Court
Supreme Court
Jurisdiction
Seychelles
Judgment Date
30 April 2011
Case Number
CS 343/2010
Procedural Posture
Civil Application / Ruling on Interlocutory Application
Outcome
application dismissed
Legal Topics
Civil Confiscation, Interlocutory Orders, Evidentiary Standards
Source Language
English
Proceeds of Crime Civil Procedure Civil Confiscation Interlocutory Orders Evidentiary Standards

Case Brief

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Parties

Financial Intelligence Unit

Applicant

Sentry Global Securities Ltd

Respondent

Respondents No 1 to 13

Respondents

Respondent No 14 (Barclays Bank (Seychelles) Ltd)

Respondent

Procedural Posture

Civil Application / Ruling on Interlocutory Application

Legal Issues

  1. 1 Whether the applicant has met the evidential threshold for a section 4 interlocutory order under POCA
  2. 2 Whether the evidence provided is sufficient to link the respondents to alleged criminal activities

Ratio Decidendi

The applicant failed to provide sufficient evidence, such as certified copies of judgments or convictions, to meet the evidential threshold required for a section 4 interlocutory order under POCA. Reliance on initiating documents and press releases is inadequate.

Court Disposition

application dismissed

Orders

  • application dismissed with no order as to costs