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Former Barclays executives acquitted of conspiracy to commit fraud

Roger Jenkins, Richard Boath and Thomas Kalaris have been acquitted of fraud in the UK’s first trial of bank executives for misconduct during the 2008 financial crisis. The three men were charged with conspiracy to commit fraud in relation to allegedly misleading investors and...
Posted On 28 Feb 2020
Aziz Rahman
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The Airbus Case Settlement: Significant Facts Behind the Figures

As reported by Risk Xtra, the Deferred Prosecution Agreement (DPA) recently announced between Airbus and the Serious Fraud Office (SFO) means that the former will pay €991 million – making it the UK’s largest DPA – as part of a €3.6 billion global settlement. Here, Aziz Rahman...
Posted On 10 Feb 2020
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Court of Appeal dismisses Unexplained Wealth Order appeal by Zamira Hajiyeva

The Court of Appeal has dismissed an appeal by Zamira Hajiyeva – the wife of jailed Azerbaijani banker Jahangir Hajiyev – to discharge the Unexplained Wealth Order made against her by the National Crime Agency (NCA). On Wednesday 5 February, the Court of Appeal upheld the earlier...
Posted On 07 Feb 2020
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The Co-Operation Corkscrew: Assisting the SFO in Criminal Investigations

In criminal law, fundamental protections exist to safeguard individuals and companies alike against self-incrimination. Here, Elliott Kenton examines whether an increasing tendency among corporate organisations to co-operate with investigators serves to undermine these essential...
Posted On 23 Jan 2020
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Public inquiry into Manchester Arena terrorist attack to be established

Home Secretary Priti Patel has announced that a public inquiry will be established to investigate the deaths of the victims of the 2017 Manchester Arena terrorist attack. The inquiry will be chaired by the Honourable Sir John Saunders, a retired High Court Judge who was nominated...
Posted On 22 Oct 2019
The High Court in central London
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Liberty fights for “intrusive” facial recognition systems ban following court ruling

Campaigning organisation Liberty is battling for an outright ban on “intrusive and discriminatory” facial recognition technology after the High Court found its use by South Wales Police is currently lawful. Cardiff resident Ed Bridges, represented by Liberty, challenged South...
Posted On 04 Sep 2019
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£100 million Account Freezing Orders “largest granted” to National Crime Agency

The National Crime Agency (NCA) has been granted Account Freezing Orders (AFOs) on eight bank accounts containing a total of more than £100 million which is suspected to have been derived from bribery and corruption in an overseas nation. The AFOs were obtained at Westminster...
Posted On 14 Aug 2019
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NCA secures Unexplained Wealth Order against properties owned by Northern Irish woman

A Northern Irish woman with suspected links to serious organised crime has been ordered to explain how she financed the purchase of six properties worth around £3.2 million in total. The National Crime Agency (NCA) believes the woman is associated with criminals involved in...
Posted On 31 Jul 2019
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NCA secures first serious organised crime Unexplained Wealth Order for property worth £10 million

A businessman from the North of England with suspected links to serious organised criminals has been ordered to reveal the source of funds used to start and develop his £10 million property empire. An Unexplained Wealth Order (UWO) was obtained at the High Court on Friday 12 July...
Posted On 19 Jul 2019
Aziz Rahman
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Unexplained Wealth Orders: Will the trickle ever become a flood?

According to Donald Toon, the National Crime Agency’s (NCA) director of economic and cyber crime, unexplained wealth orders (UWOs) are the much-needed weapon for waging war on the flow of dirty money into the UK. With Toon’s organisation having just begun its second...
Posted On 11 Jun 2019