A high-security luxury property in an unnamed London location has become the latest target of an unexplained wealth order (UWO).
The UWO means the mansion cannot be sold or disposed of pending a high court hearing on 10 March 2020.
The property is owned by two offshore companies, Manrick Private Foundation and Alderton Investments incorporated in Curacao and Anguilla, respectively, according to British broadcaster BBC News.
A UWO allows investigators to freeze assets if they suspect the money invested in them had been laundered or obtained from criminal activities.
The National Crime Agency (NCA) can use the enforcement tool to require owners to disclose how they got the money to purchase the assets in question.
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The property was bought by the two firms in 2014, and mortgage documents show that its occupiers are Nurali and Aida Aliyev.
The former is the grandson of the ex- ‘president for life’ of Kazakhstan, Nursultan Nazarbayev, who stood down last year after three decades in power.
According to public information, Aliyev is the founder and a shareholder of Capital Holdings, a Kazakhstan-based private investment firm.
This is the third UWO the UK has issued, all of which relate to London properties reportedly worth more than £80m ($104.8m, €91.7m) in total.
