UWO - Porsche, Luxury Apartment Are Seized in U.K.
U.K. police seized a Porsche Cayenne and a luxury penthouse apartment from a convicted murderer as part of its push to crack down on dirty money.
The assets, with a combined value of more than 800,000 pounds ($1.08 million), belonged to Mohammed Nisar “Meggy” Khan, the National Crime Agency said in a statement Thursday. Khan was head of an organized crime group involved in drug supply, firearms offenses and violence across West Yorkshire, the agency said.
The Porsche bore the registration ‘MEG5S’ and was obtained through crime, the NCA said.
The funds used to buy the apartment in Huddersfield, were provided by Leeds-based businessman Mansoor “Manni” Mahmood Hussain, who was subject to the U.K.’s first successful Unexplained Wealth Order.
IN OCTOBER 2020, The U.K. reached a 9.8 million pound ($12.7 million) settlement in its first successful use of an Unexplained Wealth Order with Mansoor “Manni” Mahmood Hussain, a Leeds businessman. The 40-year-old handed over more than 45 properties in London. Leeds and Cheshire, four parcels of land, and nearly 600,000 pounds in cash.
The British government introduced UWOs three years ago to help stop a growing problem of criminals and dictators using the country to hide their wealth.
The wife of a jailed Azeri banker had a golf club outside London and her home steps away from Harrods seized as part of a similar case.
IN DECEMBER 2020 The wife of a jailed Azeri banker must give British authorities information on her assets after losing a Supreme Court challenge to the country’s first so-called unexplained wealth order. Zamira Hajiyeva, who was identified as part of a crackdown linked to overseas corruption, is prevented from selling or transferring a golf club outside London and her home steps away from Harrods, which the National Crime Agency said Monday are worth more than 22 million pounds
Meet the team of industry experts behind ComsureFind out more
Keep up to date with the very latest news from ComsureFind out more
View our latest imagery from our news and workFind out more
Think we can help you and your business? Chat to us todayGet In Touch
As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email firstname.lastname@example.org.