19 June 2020
The Court of Appeal in London has denied the National Crime Agency’s attempt to reinstate three unexplained wealth orders on properties allegedly purchased with criminal proceeds by prominent Kazakh nationals.
08 April 2020
The UK’s National Crime Agency says it will appeal against a high court decision to discharge three unexplained wealth orders that the agency had obtained against London properties allegedly purchased with illicit funds.
10 March 2020
Four offshore companies are attempting to quash UWOs imposed over suspicions that three of their London-based properties were bought using illicit funds from Kazakhstan.
05 February 2020
The National Crime Agency director has indicated the agency will apply for UWOs in other cases following the decision.
25 July 2018
A woman identified only as “Mrs A” is attempting to discharge an unexplained wealth order, arguing that her imprisoned husband cannot explain to her how he obtained the allegedly suspicious wealth.
16 March 2018
UK authorities may have a more difficult time obtaining unexplained wealth orders against Russian individuals after the UK foreign secretary said the tool could be used in retaliation for a suspected nerve agent attack on a former spy.
01 February 2018
Authorities in the UK are now able to compel individuals or companies around the world to explain how they obtained property if they suspect it has been acquired illegally.
Deborah Luskin, Anant Modi, Selma Della Santina and Sarah Wrigley
Benjamin S Haley, Sarah Crowder, Randall D Friedland and Thomas McGuire
Jason J Kang, Daniel S Lee, Nan Wang, Ryan Middlemas and Hangil Lee
Simone Nadelhofer and Daniel Lucien Bühr
Boutique Law LLP
Boutique Law LLP