Their confidence was misplaced. In January 2015, Mr Justice Nicholas Blake, sitting in the Old Bailey, rejected the SFO’s argument. “The case remains a matter of conjecture and suspicion,” he wrote in his judgment. To confiscate assets, prosecutors have to prove that the frozen money related to a specific crime and, he ruled, the SFO had totally failed to do so.
Well, yes, that’s sorta the standard thing isn’t it? We’ve not got a crime called “being a bad ‘un” and we should all be most grateful that we don’t.