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Jersey’s Attorney General says that a recent decision of the Island’s Court of Appeal, “...serves to confirm the effectiveness of Jersey’s anti money laundering and mutual legal assistance laws.”
The Court upheld an earlier decision by the Royal Court involving the restraint of hundreds of millions of dollars held in a local trust with links to former Nigerian dictator General Sani Abacha and other members of his family.
Doraville Properties Corporation claimed the restraint order was unlawful, but the Court decided otherwise. According to the Attorney General, Robert MacRae: “The Court of Appeal dismissed Doraville’s challenge in unequivocal terms.”
A US Federal Court has already ruled Doraville was used to laundering hundreds of millions of dollars through US banks and, ultimately, into Jersey.
The funds will remain frozen in Jersey pending a further application to the Royal Court.
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