Commissioner of the Australian Federal Police v Yuan [2026] NSWSC 1050

Commissioner of the Australian Federal Police v Yuan [2026] NSWSC 1050. McGuire J gave reasons for urgent ex parte asset-preservation orders arising from an AFP investigation into alleged money laundering involving Mr Yuan, two companies and accounts through which about $9 million and $22 million had passed. The key issues were whether action without notice was justified and whether the reasonable-suspicion requirements for restraining orders under ss 18 and 19 of the Proceeds of Crime Act 2002 (Cth) were met. Finding a sufficient factual basis and a risk of dissipation despite discretionary bank freezes, the Court restrained the property and placed it under the Official Trustee’s control.