GAZETTE NOTICE NO. 8744

IN EXERCISE of the powers conferred by section 83(1) of the Proceeds of Crime and Anti-Money Laundering Act, 2009, the Agency Director gives notice to— Kandon Technologies Limited that the High Court has issued preservation orders in Nairobi High Court Miscellaneous Application NO. E033 of 2022 as specified in the Schedule hereto: R E P U B L I C O F K E N Y A IN THE HIGH COURT OF KENYA AT NAIROBI ANTI-CORRUPTION AND ECONOMIC CRIMES DIVISION MISCELLANEOUS APPLICATION NO E033 OF 2022 ASSETS RECOVERY AGENCY……………………Applicant VERSUS KANDON TECHNOLOGIES LIMITED …………Respondent ORDER IN CHAMBERS ON 13TH JULY, 2022 BEFORE HON. LADY JUSTICE E.N. MAINA J (Under Section 81 and 82 of the Proceeds of Crime and Anti-Money Laundering Act and Order 51 Rule 1 of the Civil Procedure Rules) UPON READING the Application dated the 8th July, 2022 presented by Counsel for the Applicant and whereas this application is coming for hearing Ex-parte; IT IS HEREBY ORDERED: - 1. THAT Preservation orders be and is hereby issued prohibiting the Respondent, and /or its representatives, employees, agents, servants or any other persons acting on their behalf from transacting, withdrawing, transferring, and/ or dealing in any manner howsoever in respect of funds held in the following accounts; (a) USD 126,378.41 held in Account No. 55010130008667 at UBA BANK in the name of Kandon Technologies Limited. (b) EUROS 1,045.63 held in Account No. 55010130008685 at UBA BANK in the name of Kandon Technologies Limited. 2. THAT Preservation orders be and is hereby issued prohibiting the Respondent, and /or its representatives, employees, agents, servants or any other persons acting on their behalf from transacting, withdrawing, transferring, and/ or dealing in any manner howsoever in respect of any profits or benefits derived or accrued from the funds in the following accounts; (a) USD 126,378.41 held in Account No. 55010130008667 at UBA BANK in the name of Kandon Technologies Limited. (b) EUROS 1,045.63 held in Account No. 55010130008685 at UBA BANK in the name of Kandon Technologies Limited. 3. THAT the order be for a period of 90 days as stipulated in section 84 of POCAMLA. 22nd July, 2022 THE KENYA GAZETTE 4. THAT the order be served upon the Respondent within 14 days from today’s date. 5. THAT mention be on 1st November, 2022. It is so ordered. GIVEN under my hand and seal of the Honorable court this 13th day of July, 2022. Issued at Nairobi this 14th day of July, 2022. DEPUTY REGISTRAR, High Court, Anti-Corruption and Economic Crimes Division. PENAL NOTICE TAKE NOTICE that if you, the above named respondnets or your servants/agents disobey this order, you will be cited for contempt of court and shall be liable to imprisonment for a period of not more than six months. Dated the 19th July, 2022. ALICE M. MATE, PTG 166/22-23 Director.