Author: Syedur Rahman 16 August 2019
The NCA has been granted freezing orders on eight bank accounts containing a total of more than £100 million, which is suspected to have derived from bribery and corruption in an overseas nation.
Commenting on this recent news, Legal Director Syed Rahman said: “It certainly seems as if the NCA is taking greater advantage of this tool than any of the other enforcement agencies. Although it is likely to soon become a tool that will be used regularly by all the enforcement agencies, which makes the possibility of more headline-grabbing activity more likely. We can expect to see more of these - and bigger ones."
Syedur Rahman is known for his in-depth experience of serious fraud, white-collar crime and serious crime cases, as well as his expertise in worldwide asset tracing and recovery, civil recovery, cryptocurrency and high-stakes commercial disputes.