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/ News / Legal Director Syed Rahman comments on NCA being granted a £100m Asset Freezing Order

Legal Director Syed Rahman comments on NCA being granted a £100m Asset Freezing Order

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."

Syed's comments were featured in the following online publications - Thomson Reuters Regulatory Intelligence, Risk UK, economia, and Law360.

Syedur Rahman

Syedur Rahman

Legal Director

syedur.rahman@rahmanravelli.co.uk
+44 (0)203 910 4566 vCard

Specialist Areas of Practice: Fraud and Business Crime, Compliance and Regulatory, Civil Recovery, Civil fraud, Corporate Investigations

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