Anthony Akiwumi
Senior Legal Counsel

Litigation & Corporate Recovery Group

Anthony was called to the Bar of England and Wales in 1989 and has been a member of the Honourable Society of the Inner Temple since 1988. He is admitted as an Attorney of the Cayman Islands and has practiced in this jurisdiction since November 1997. Anthony's experience, spanning 15 years, has had as its focus fraud, asset confiscation, forfeiture, tracing and protection in both commercial and criminal contexts.

Between 1997 and 2002, Anthony was Standing Counsel to the Attorney General of the Cayman Islands on white-collar crime with an emphasis on proceedings brought under the Proceeds of Criminal Conduct Law (2001 Revision), the Mutual Legal Assistance Treaties between the United States and Great Britain and other international law and mechanisms [including Extradition, Letters Rogatory, Drugs Trafficking, and the Confidential Relationships (Preservation) Law)]. Anthony has prosecuted and defended in complex fraud and money laundering investigations including the groundbreaking Euro Bank Corporation litigation, which involved all areas in this facet of law. Apart from the Judicial Committee of the House of Lords and the Privy Council in London, Anthony has appeared in all the Courts of these jurisdictions and in the Cayman Islands context, he has appeared in most of the leading cases under the restraint and confiscation legislation.

In the commercial context Anthony has advised in and represented parties in complex cross-border trust and insolvency litigation [e.g. Guppo Torras ($750 fraud involving the Kuwaiti Investment Office) and Enron]. Anthony advised and represented Pierre Falcone and various corporate entities in relation to the protection of assets that had been the subject of applications for restraint by the Confederation of Switzerland and the Republic of France. Anthony spearheaded a multi-jurisdictional and multi-disciplinary team in connection with this successful litigation including devising and implementing a pre-litigation risk minimization strategy. Increasingly, Anthony has been advising clients on strategies (including recourse to judicial review) for the preservation of confidential information from regulatory oversight. Separately, Anthony advises on all aspects civil litigation including Mareva and Anton Pillar injunctions for the identification and preservation of assets.

Anthony has an excellent command of the issues arising in the context of an increasingly regulated offshore environment. In 2002 Anthony was part of a team that successfully represented the Cayman Islands in its presentations to the OECD / FATF resulting ultimately, in the removal of the Cayman Islands from the List of non-co-operating jurisdictions. In January 2003 article Published in World Anti Money Laundering Journal "Reporting Obligations: Has the Pendulum Swung Too Far."