If you own assets worth 50,000 Pounds (about N25 million) or more, and it does not appear that your legitimate source of income can support such wealth, then you may be asked to explain the source of your wealth failing which you risk forfieture.
The UWO is an Order granted by a UK High Court judge upon an application by a UK enforcement agency requiring a person (respondent) to explain the nature of its interest in property (real estate and other assets), how it obtained the property, details of any trust or settlement where the property is so held and any other information as required by the court.
Read our alert below for more details: