Legal News & Expert Insights

KANGS has successfully secured, on behalf of our client, an international business engaged in charitable work, the return of approximately one hundred and twenty thousand pounds that had been held in a frozen bank account with WISE Bank. Given the substantial value and source of the funds, which were received by way of charitable donations, […]

KANGS has successfully assisted our client, a broker within the financial services sector who lives in Europe and outside the UK Jurisdiction, secure the removal of an Account Freezing Order (AFO) which had been obtained upon application to the Court by Nottinghamshire Police. The EU business bank account, which was the subject of the AFO, […]

KANGS has been instructed by our client to oppose applications for Account Forfeiture Orders which are being pursued against both his personal and company bank accounts under the Proceeds of Crime Act 2002 (POCA). It is alleged that the funds held within the accounts are connected to an international money laundering operation, involving many millions […]

In several articles previously published on this website, we have outlined the legal scope for authorities to seek the seizure of assets, freezing of bank accounts and forfeiture of goods where it is believed that they may represent the proceeds of crime, pending further investigation. The legal team at KANGS recently assisted a client successfully […]

In a recent case, the team at KANGS successfully secured the removal of Account Freezing Orders (AFOs) obtained by HM Revenue & Customs (HMRC) against seven different bank accounts. HMRC obtained the Freezing Orders on the grounds that it suspected the funds held within the accounts were derived from criminal conduct, namely tax evasion, and […]

In our previous article we outlined the Judicial Review being sought by our client in response to an Account Freezing Order imposed by a Magistrates’ Court. The application was obtained by the Police, who suspected that the funds in the account constituted recoverable property under Section 304 of the Proceeds of Crime Act 2002 (‘POCA’). […]