PROPERTY: Re Ali [2012] EWHC 2302 (Admin)

By Samantha Bangham, Law Reporter - 21 August 2012

(Queen's Bench Division, Dobbs J, 18 July 2012)

The husband was convicted of money laundering and made subject to a confiscation order of £756,000. When he failed to pay, enforcement proceedings were undertaken and it was discovered that the husband had realisable assets consisting of five properties.

Third party claims were made by six parties including the wife. The receiver rejected all claims except to hold that the wife held a 50% share in one property by virtue of the title being in joint names.

The claimants' appeal was dismissed. The claimants had not given credible evidence and their accounts were inconsistent. In line with the principles of Jones v Kernott there was insufficient evidence of an agreement that the claimants would have a beneficial interest in the properties.

Related Products