The Weekly Law Reports
[2015] 3 WLR 599
Privy Council
Federal Republic of Brazil and another v Durant International Corpn and another
[on appeal from the Court of Appeal of Jersey]
[2015] UKPC 35
2015 May 7;
Aug 3
Lord Neuberger of Abbotsbury PSC, Lord Mance, Lord Carnwath, Lord Toulson, Lord Hodge JJSC
Trusts— Constructive trust— Tracing action— Bribes paid in relation to Brazilian public works contract— Proceeds transferred into bank accounts in series of interconnected transactions— Whether traceable to defendants’ accounts in Jersey— Whether backwards tracing possible— Whether necessary connection between bribes and payments into defendants’ accounts