GAZETTE NOTICE NO. 15643

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— Renaissance Capital (Kenya) Limited that the High Court has issued preservation orders in Nairobi High Court Miscellaneous Application No. E39 of 2023 as specified in the Schedule hereto: Republic of Kenya IN THE HIGH COURT OF KENYA AT NAIROBI ANTI-CORRUPTION AND ECONOMIC CRIMES DIVISION MISCELLANEOUS CIVIL APPLICATION. NO. E39 OF 2023 IN THE MATTER OF: AN APPLICATION FOR ORDERS UNDER SECTIONS 81 AND 82 OF THE PROCEEDS OF CRIME AND ANTI-MONEY LAUNDERING ACT (POCAMLA) AS READ TOGETHER WITH ORDER 51 OF THE CIVIL PROCEDURE RULES. AND IN THE MATTER OF: PRESERVATION OF FUNDS OF; • KSH. 528,621.94 HELD IN ACCOUNT NUMBER 0100001366607 HELD AT STANBIC BANK IN THE NAME OF RENAISSANCE CAPITAL (KENYA) LIMITED • USD. 179,342.2 HELD IN ACCOUNT NUMBER 0100000679733 HELD AT STANBIC BANK IN THE NAME OF RENAISSANCE CAPITAL (KENYA) LIMITED BETWEEN ASSETS RECOVERY AGENCY -----------------------Applicant -VERSUS- RENAISSANCE CAPITAL (KENYA) LIMITED ----------Respondent BEFORE HON. LADY JUSTICE E. N. MAINA IN CHAMBERS ON 7TH OF NOVEMBER, 2023 ORDER APPLICATION FOR ORDERS: 1. THAT this application be certified urgent and the same be heard ex-parte on a priority basis in the first instance. 2. THAT this Honourable Court do issue Preservation Orders prohibiting the Respondent 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 bank accounts respectively; i. KSh. 528,621.94 held in Account Number 0100001366607 held at Stanbic Bank in the name of Renaissance Capital (Kenya) Limited. ii. USD. 179,342.2 held in Account Number 0100000679733 held at Stanbic Bank in the name of Renaissance Capital (Kenya) Limited 3. THAT the Honourable Court do issue a Preservation Order prohibiting the Respondent its 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 specified under prayer 2 above. 4. THAT the Honourable Court makes any other ancillary order it may deem fit for the proper, fair effective execution of its orders. THIS MATTER coming up before Hon. Lady Justice E. N. Maina for directions on the Originating Motion dated 6th November, 2023 brought under under sections 81and 82 of the Proceeds of Crime and Anti-Money Laundering Act and Order 51 rule 1 of the Civil Procedure Rules and upon reading the supporting affidavit of Isaac Nakitare ; 5180 5180 Exparte:- IT IS HEREBY ORDERED 1. THAT this application be and is hereby certified urgent. 2. THAT Preservation Orders be and are hereby issued prohibiting the Respondents 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 bank accounts respectively; i. KSh. 528,621.94 held in Account Number 0100001366607 held at Stanbic Bank in the name of Renaissance Capital (Kenya) Limited. ii. USD. 179,342.2 held in Account Number 0100000679733 held at Stanbic Bank in the Name of Renaissance Capital (Kenya) Limited. 3. THAT Preservation Order be and are hereby issued prohibiting the Respondents, 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 specified under Order 2 above. 4. THAT the orders granted shall be for a period of ninety (90) days as provided in section 84 of the Proceeds of Crime and Anti- Money Laundering Act. 5. THAT this order be served upon the Respondent within 21 days of today’s date. 6. THAT mention on 19th March, 2024. GIVEN under my hand and the seal of the Honorable Court this 7th day of November, 2023. ISSUED at NAIROBI this 7th day of of November, 2023. DEPUTY REGISTRAR HIGH COURT OF KENYA ANTI-CORRUPTION AND ECONOMIC CRIMES DIVISION NAIROBI 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 9th November, 2023. ALICE M. MATE, PTG/1010/23-24 Director.