Anwar Nashashibi

Financial Crime, Offshore & Regulatory

Anwar has specialised in fraud, money laundering and corruption for many years, receiving instructions in high profile and high value cases in the UK and abroad.  He has dealt with cases involving corruption, hawala banking, manipulation of off-shore trust and corporate structures, share price and financial instrument manipulation and tax evasion.  A former member of the A panel of SFO approved counsel, he defends SFO prosecutions.

He has substantial experience of offshore and international work, having been instructed by private and public clients in Jersey, Guernsey, Bahrain, TCI and the Isle of Man.  While such cases often concern financial misconduct and asset recovery, he accepts instructions across the spectrum of criminal and regulatory law, appearing with a special advocate’s licence in the Isle of Man’s most notable sex case.

Anwar has considerable experience of cross-border investigations, having worked with authorities in multiple jurisdictions in Africa, Asia, the US and Europe.  In doing so he has advised on issues of state immunity, extradition and jurisdiction as well as international co-operation.

Anwar is frequently instructed to advise in relation to investigations.  He has conducted compulsory interviews in fraud, corruption and money laundering investigations, and advised private clients in relation to such interviews.

Notable cases

• Current Investigation – Instructed to advise the Economic and Financial Crime Bureau in Guernsey in relation to a suspected international investment fraud with losses of £55m.
• HMAG of Isle of Man v Joseph Marshall 2022 – Defended the head of a care home accused of serious sexual offences against children in his care, following a public inquiry by Tynwald.  Defence disclosure requests led Tynwald to pass a statute adopting the English Bill of Rights as Manx Law, resulting in submissions on parliamentary privilege in relation to an abuse of process application.
• Anonymous – Instructed by Fieldfisher to represent a multi-national corporation in High Court litigation relating to a suspected investment fraud.
• AG of Jersey v Gichuru & Okemo – Instructed to extradite and prosecute a former Kenyan Finance Minister and former head of the Kenyan electricity utility for laundering the proceeds of corruption.  The relevant Jersey company was prosecuted and convicted in Jersey.
• Anonymous – Instructed by Mishcon de Reya to advise a Middle Eastern Aluminium Producer that was conducting an international investigation into corruption and money laundering.
• AG of Jersey v Michel & Gallichan – Investigation and prosecution of a Jersey financial service provider for laundering the proceeds of tax evasion in Jersey’s most extensive and complex case of its type.
• Instructed by Hickman & Rose to advise a defendant to the current prosecution in the TCI for corruption offences in relation to property purchases and development by overseas developers and alleged abuse of the special rules applicable to “belongers” of the TCI.