OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

National Commercial Bank of St. Vincent awarded damages over asset freeze

March 31, 2001 by David Marchant

EMAIL ALERTS  

Get Free Alerts by Topic

NOT YET RATED  

246810

The National Commercial Bank of St. Vincent has been awarded damages by Grenada Supreme Court after its correspondent accounts were frozen in the United Kingdom by attorneys representing victims of the First International Bank of Grenada. In a decision on December 12, 2000, the court discharged an injunction that had been granted on August 11, 2000 in Grenada and September 14, 2000 in the High Court in England against NCB's assets held in correspondent accounts in the United Kingdom.

Please Subscribe to read this article or Sign In

Financial Intelligence

For Less Than $3 per Day

$90

per Month.

Unlimited
Access

NO CONTRACT. CANCEL ANYTIME

Subscribe to OffshoreAlert

Investigative Financial News

Launched in 1997, OffshoreAlert hunts for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources. Subscribers have 24/7 access to our database of articles and documents.

  • Breaking News Affecting Your Industry
  • Information Not Available Anywhere Else
  • Searchable Database of Articles & Documents
  • Find Out Who's Insolvent, Been Sued or Indicted
  • Daily Monitoring of Red Flags (Globally*)

NOT YET RATED  

246810

OffshoreAlert encourages lively, open debate and asks that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.


POST A COMMENT

Greenberg & Co BVI Meta Data Ad

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

ALL ARTICLES  
US investigations firm Diligence sues British ex-CEO Nick Day for 'fraud'
US-based investigations and intelligence firm Diligence is suing its British recently-resigned CEO, Nicholas Day, for allegedly misappropriating its Swiss "subsidiary", part of a broader dispute between Diligence's majority owner, Cayman-domiciled Information Security Investment Co., and its senior management, comprising Day, in Geneva; Mike Baker, in New York, and Trefor Williams, in London.
LATEST ARTICLES & DOCUMENTS  
Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.