Mares Corp v Financial Intelligence Unit (No. 63 of 2011)
Mares Corp v Financial Intelligence Unit (No. 63 of 2011) [2012] SCSC 21 (3 June 2012)
The respondent has no legal authority to continue freezing the applicant's account as there is no ongoing legal proceeding before the court, no court order authorising the freeze, and the respondent has failed to comply with the Court of Appeal's directive to commence proceedings. The continued freezing of the account is unjust, oppressive, and an abuse of the court's process.
Source excerpt
- Freezing of bank accounts
- Retrospective application of law
- Abuse of process
- Jurisdiction of court