Financial Crime Financial Crime

UK money-laundering suspect forfeits GBP10 million in first recovery from an unexplained wealth order

By Martin Coyle
  • 06 Oct 2020 18:31
  • 06 Oct 2020 17:03
UK law-enforcement agencies have scored their first successful seizure of assets through a so-called unexplained wealth order with the recovery of property and cash worth 9.8 million pounds ($12.7 million) from a suspected money launderer.

The High Court has approved a settlement that will see Mansoor Mahmood Hussain hand the National Crime Agency 45

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