- Lessons learned from account forfeiture proceedings (NCA v Vlad Luca Filat)
- What is the background to the appeal hearing which took place on 8/11/2019?
- How were the AFOs in the case challenged?
- How did the court resolve these issues?
- What trend does this reflect in the use of AFOs? What are the learning points for practitioners challenging and defending these orders?
Corporate Crime analysis: The Crown Court dismissed Vlad Luca Filat’s appeal against the decision to forfeit £500,000 held in three bank accounts in his name. The court held that the money derived from bribery and corruption offences committed by the appellant’s father, the former prime minister of Moldova, and was obtained by money laundering. The case was the National Crime Agency’s first contested account forfeiture application. James Fletcher, barrister at 5SAH Chambers, who appeared for the National Crime Agency, suggests that these types of applications are likely to be deployed more and more often.
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