In the matter of an application by the Financial Intelligence Unit (MC 79.2014) [2014] SCSC 360 (29 September 2014)



IN THE SUPREME COURT OF SEYCHELLES

Civil Side: 79/2014

[2014] SCSC 360



In The Matter Of An Application By

THE FINANCIAL INTELLIGENCE UNIT

(In the matter of ISI Limited)



Heard: 29 September 2014

Counsel: Mr. Esparon for Applicant

Delivered: 29 September 2014




D. Karunakaran, Acting Chief Justice

  1. This is an application for the extension of a freezing order issued by the Financial Intelligence Unit (FIU) on the 16th April 2014, freezing the amounts standing to credit USD 125,417.10/- in the name of ISI Limited, account number 0387729224 with Barclays Bank (Offshore) Seychelles Limited for a period of 180 days. This application is supported by an affidavit deponed by one Declan Barber, the Director of the FIU.

  2. On the strength of the affidavit filed in support of this application, I find it just and necessary that an extension order should be made as sought by the applicant in this matter. Accordingly, I hereby extend the freezing direction issued by the FIU for a further period of 180 days with effect from the 2nd of October 2014.

  3. Orders made accordingly.



Signed, dated and delivered at Ile du Port on 29 September 2014




Acting

2

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