Kazakh family win Unexplained Wealth Order battle
What are Unexplained Wealth Orders? Unexplained Wealth Orders were powers brought into force in January 2018 in the fight against suspected criminal money invested in property. National Crime Agency investigators can use UWOs to require owners to disclose how they managed to buy a luxury home. If they do not agree with the explanation, they can then ask the courts to confiscate it. UWOs are sometimes known as “McMafia laws” – named after the BBC organised crime drama based on a book. What are the three properties? The properties were…
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