KCC 1821/2020

This case involved whether a precautionary seizure could be requested against a CEO who had been involved in a criminal matter involving money laundering, seizing company assets and fraudulently issuing company cheques.

Background

A company filed a plea against a defendant before the curt. The company requested the court to accept the plea and to dismiss the rejection of the request made to impose a precautionary measure on the defendant’s assets. The company said that the defendant was the CEO of company and that he had illegally seized 287786 Dinars from its assets. The company also said that the defendant had issued 14 cheques to his friends and they he had transferred the amounts to his account. The company said that they had notified the Public Prosecutor in this regard, but the judge of temporary judges had dismissed their request.

The court dismissed the case.

The company appealed the ruling before the court of appeal. The court dismissed the appealed ruling and ruled that a precautionary measure should be imposed on the defendant’s assets.

The Public Prosecutor requested the court to dismiss the appeal against the director of the executive department.