The High Court has issued an important reminder of the need for solid evidence of a real risk that a respondent will take steps to dissipate their assets to frustrate a judgment in applications to continue a worldwide freezing order (WFO). Evidence of dishonesty alone is not enough, and conduct falling short of dishonesty is less likely to suffice.
Sheikh Salah Hamdan Albluewi, a Saudi national, had been a member of a members’ club and casino owned by Les Ambassadeurs for approximately 26 years. Given his longstanding membership, Les Ambassadeurs provided Albluewi with a cheque cashing facility. In September 2019 this was extended to 2 million on a temporary basis. Albluewi utilised the full amount.
Howeve…
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