Out-Law on 27th July published an article saying that the wife of a jailed banker has lodged a legal challenge against an ‘unexplained wealth order’ obtained against her by the NCA. The orders were only introduced earlier this year, and the first 2 were announced in February. Now, according to the BBC, the appeal relates to assets owned by ‘Mr A’, an unnamed former state banker from a country outside the EEA who was jailed overseas for fraud, who’s wife had one of the orders made against her. She rejected claims made by the NCA that Mr A had used stolen funds to buy 2 UK properties and instead said the properties had been bought using money earned through Mr A’s legitimate overseas business dealings.
https://www.out-law.com/en/articles/2018/july/legal-challenge-against-unexplained-wealth-order/
