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

IN THE SUPREME COURT OF SEYCHELLES

Civil Side: 46/2013

[2014] SCSC

IN THE MATTER OF :

THE FINANCIAL INTELLIGENCE UNIT

Counsel: Mr. Esparon for

Delivered: 15 May 2014

1. This is an application filed under Section 10 (7) of the Anti-Money Laundering Act 2006-2011 seeking for an order extending the freezing order made by this court on the 17^th of January 2014, in this matter.

2. I carefully perused the affidavit filed by Mr. Liam Logan of the Financial Intelligence Unit. I gave careful thought to the submission made by learned State Counsel Mr. David Esparon.

3. For the reasons stated in the affidavit, I find it just and necessary that an extension order should be granted as sought by the applicant in this matter.

4. Therefore, I hereby extend the freezing order for a further period of 180 days with effect of 16^th of May 2014, in respect of the amounts GBP 996,762 in total standing to the credit in the BMI Offshore Limited :

1. Craven Capital Ventures with account number – 300000008118

2. Monfa Corporation with account number – 300000008064

3. Portman Group Limited with account number – 300000008129

4. SLF Associates Inc with account number – 300000008088

5. Regent Group with account number – 300000008072

Accordingly, I grant the motion and order the extension for a further period of 180 days.

Order made accordingly.

Signed, dated and delivered at Ile du Port on 15 May 2014.

Acting

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