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

IN THE SUPREME COURT OF SEYCHELLES Civil Side: MC 46/2013 [2014] SCSC IN THE MATTER OF : THE FINANCIAL INTELLIGENCE UNIT Counsel: Mr. Esparon for petitioner Delivered:      15 May 2014 ORDER Karunakaran J [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 17th 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 16th 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. D Karunakaran Acting Chief Justice 2