Chad Oil corruption – UK property freezing order
On the 29 July 2014 the SFO obtained a Property Freezing Order to freeze £4.4 million representing the sale of 800,000 company shares previously held by the respondent, Ikram Mahamat Saleh.
Mrs Saleh made an application to discharge the Property Freezing Order which was rejected by the court in 2015. Paragraph 53 of the court judgement sets out the background to how the SFO became involved.
Mrs Saleh appealed the High Court’s decision and in January 2017, the Court of Appeal ruled in favour of the SFO. More information can be found in this press release.
The SFO will now continue its pursuit of a civil recovery order in this case.
Page published on 12 Oct 2015 | Page modified on 23 Jan 2017