The Financial Crimes Commission (FCC) has successfully executed two Court orders aimed towards the confiscation of assets of individuals involved in money laundering related to drug trafficking.
On 12 June 2025, the FCC took possession of an immovable property located at Laurier Avenue, Albion, on which there is a house. The Court order was further concerned a speed boat, which the FCC has already confiscated. The immovable property and speed boat were both financed through drug money by Mr. Joseph Noel Andre, who was convicted of money laundering in June 2024.
The FCC has also taken possession of another immovable property, that is, a plot of land of an extent of 385 m2, at Baie du Tombeau, and on which stood an existing building belonging to Mr. Joseph James Stevenson Perrine, who was convicted for possession of heroin with intent to distribute in 2012.
These actions underscore the FCC’s commitment and determination to vigorously fight financial crimes and ensure that perpetrators do not reap the benefits of their criminal activities.
The confiscated assets are currently undergoing valuation and will be sold through a transparent public bidding process.