Qatar

ALP International LLC: Public Censure

Public Notice by the Qatar Financial Centre Authority that it has publicly censured ALP International LLC for failing to provide ultimate beneficial ownership information when requested to do so. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre showed that ALP International LLC was incorporated on July 31st, 2018 and its directors are Parham Pedram and Masoud Sezavar Zakerian Zakerian, both of whom appear to be from Iran.

Time International LLC: Public Censure

Public Notice by the Qatar Financial Centre Authority that it has publicly censured Time International LLC for failing to provide ultimate beneficial ownership information when requested to do so. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre showed that Time International LLC was incorporated on June 27th, 2018 and its directors are Dr. Mehdi Fazli and Parham Pedram, both apparently from Iran.

Parham Pedram: Disqualification

Public Notice by the Qatar Financial Centre Authority that it has imposed a three-year prohibition on Parham Pedram, described as a citizen of Iran.

Diligence Global Business Intelligence v. Michael Holtzman: Order Denying Discovery Application

Opinion and Order denying an application by Diligence Global Business Intelligence SA to take discovery from Michael Holtzman, described as "a New York resident and public relations professional", for use in legal proceedings in England and Switzerland involving DGBI's investigation into "allegations of corruption and money laundering in connection with the 2022 World Cup in Qatar" on the grounds that the discovery application "was brought in bad faith or unreasonably seeks irrelevant materials", filed at the U. S. District Court for the Southern District of New York.

Diligence Global Business Intelligence v. Michael Holtzman: Discovery Application

Application by Diligence Global Business Intelligence SA, described as "a Swiss company located in Geneva that specializes in intelligence services and private investigations", to take discovery from Michael Holtzman, described as "the President/Managing Partner of SECNewGate, a public relations firm based in Washington, and the President of Bellwether Strategies, a public relations firm based in New York", for use in legal proceedings in England and Switzerland involving "DGBI's investigation into allegations of corruption and money laundering in connection with the 2022 World Cup in Qatar", filed at the U. S. District Court for the Southern District of New York.

Qatar National Bank v. Government of Eritrea et al: Complaint

Complaint to enforce a judgment for $253 million that was entered in the United Kingdom in Qatar National Bank, of Qatar v. Government of Eritrea and State of Eritrea at the U. S. District Court for the District of Columbia.

Aycan Richards v. Nigel Perera et al: Judgment

Judgment for the Plaintiff in the amount of QAR 392,500 in Aycan Richards, described as "a British citizen who resides in Qatar" v. Nigel Thomas Howard Perera, described as "an Australian citizen who is also a resident of Qatar", and International Financial Services Qatar LLC, of Qatar, at the Civil and Commercial Court of the Qatar Financial Centre, First Instance Circuit.

Qatar Investment and Projects Development Holding Company W.L.L. v. L’Etoile Royale Inc. et al: Complaint

Complaint alleging fraud regarding the purchase of earrings for $875,000 in Qatar Investment and Projects Development Holding Company W.L.L., described as a Qatar-based "family-run investment company" represented by "His Highness Sheikh Hamad bin Abdullah Al-Thani" who is "a member of the Qatari royal family" v. L'Etoile Royale Inc., L'Etoile Royale LLC, and Garbis Dogramaciyan at the U. S. District Court for the Southern District of New York.

Takaful International Company BSC: QAR728,000 Fine

Press Release by the Qatar Financial Centre Regulatory Authority announcing that it has imposed a fine of QAR 728,000 on Takaful International Company B.S.C., a licensed insurer, for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre Companies Registration Office showed that Takaful International Company B.S.C. was incorporated in Bahrain on April 11th, 1989, its branch was authorized in Qatar on February 15th, 2011, and its "Principal Representative" in Qatar is Stephen Jijan.

International Financial Services (Qatar) LLC: ‘New Business’ Ban

Press Release by the Qatar Financial Centre Regulatory Authority announcing that it has ordered International Financial Services (Qatar) LLC, which is an insurance intermediary, to "immediately cease conducting new business" on the grounds of "fitness and propriety". Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre Companies Registration Office showed that International Financial Services (Qatar) LLC was incorporated on July 28th, 2009, its directors are Rudolfs Veiss, Nigel Thomas, and Howard Perera, its "significant shareholders" are Amberberg Ltd., Louise Joan Kidd, and Thomas Fewtrell, its Secretary is Marc Reaidi, and its "Approved Auditor" is Deloitte and Touche.

Syscontek Consulting LLC: Public Censure

Public Statement by the Qatar Financial Centre Authority that it has censured Syscontek Consulting LLC for regulatory breaches regarding beneficial ownership requirements. Editor's Note: Research by OffshoreAlert in the Qatar Financial Centre Public Register showed that Syscontek Consulting LLC, trading as SCT Consulting, was formed on November 26th, 2017, has had its "Licence Withdrawn by QFCA", and its "significant shareholder" is Allan Brandt Callo, whose LinkedIn profile states that he is based in Dallas, Texas.

Encryptics Data Security LLC et al: Public Censures

Announcement by the Qatar Financial Centre Authority that it has imposed "a public censure" on Encryptics Data Security LLC and Siham Boulbadaoui for regulatory breaches regarding beneficial ownership.

Century Banking Corporation Ltd.: License Revocation

Public Notice by the Mauritius Financial Services Commission that it has revoked the Islamic Banking License of Century Banking Corporation Ltd. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department for Mauritius showed that Century Banking Corporation Ltd. was incorporated on May 21st, 2008, its directors are Charles Mark Broadley, of Hong Kong; Waleed Qassim Bangash, of Bahrain; Shakil Ibrahim Moollan, and Rajendra Kumar Ujoodha, all of Mauritius; its secretary is Muhammad Houmayd Sulleman Rawat, of Mauritius, and its sole shareholder is CBC Capital Limited, of Hong Kong. Research in the Hong Kong Companies Registry showed that the sole director of CBC Capital Limited is Charles Mark Broadley; and its sole shareholder is Oryx Investment Limited, of Hong Kong, and that the sole director of Oryx Investment Limited is Kenneth Richard Wyness, a citizen of South Africa residing in Mauritius, and its sole shareholder is Ghanim Saad M. Alsaad Al-Kuwari, of Qatar. Charles Broadley ceased being a director of Oryx Investment Limited on July 31st, 2019.

InvestBank PSC v. Citibank et al: Discovery Application

Application by InvestBank PSC to take discovery from Citibank N.A., Deutsche Bank Trust Co. Americas, Standard Chartered Bank,  The Bank of New York Mellon, JPMorgan Chase Bank, N.A., Barclays Bank PLC, Wells Fargo Bank, N.A., Bank of America, N.A., HSBC Bank USA, N.A., Société Générale, BNP Paribas USA, The Bank of Nova Scotia, UBS AG, Commerzbank AG, Bank of China, New York Branch, and The Clearing House Payments Company LLC for use in "contemplated proceedings" in Dubai "against Greenline Interiors FZCO, Greenline Yacht Interiors FZCO, Samir Michael Badro, Nabila Iskandar Samir Abboud Badro, Lea Samir Badro Hamadeh, Roy Samir Badro, and Fay Badro Zakhem" involving, inter alia, companies in Bahrain, British Virgin Islands, Dubai, Germany, Lebanon, Qatar, Saudi Arabia, Syria, United Kingdom, and the USA, filed at the U. S. District Court for the Southern District of New York.

Mohammed Thani Al Thani v. Alan Hanke et al: Complaint

Complaint alleging investment fraud in Mohammed Thani A.T. Al Thani, a citizen of Qatar v. Alan J. Hanke, of Crystal Lake, Illinois, and IOLO Global LLC, of Wyoming, at the U. S. District Court for the Southern District of New York.

Horizon Crescent Wealth LLC: QFCRA Press Release

Press Release by the Qatar Financial Centre Regulatory Authority regarding a QAR 30 million fine imposed against Horizon Crescent Wealth LLC. Editor's Note: Research by OffshoreAlert showed that, in the Public Register for the Qatar Financial Centre, the directors of Horizon Crescent Wealth LLC are Patrick Baeriswyl and Jean Marc Mantegani, while Baeriswyl is the only person listed under "significant shareholders". Baeriswyl appears to be based in Switzerland and Mantegani appears to be a citizen of Switzerland based in England.

Horizon Crescent Wealth LLC: QAR30M Fine

Public Statement by the Qatar Financial Centre Regulatory Authority regarding fines totaling QAR 30 million imposed against Horizon Crescent Wealth LLC. Editor's Note: Research by OffshoreAlert showed that, in the Public Register for the Qatar Financial Centre, the directors of Horizon Crescent Wealth LLC are Patrick Baeriswyl and Jean Marc Mantegani, while Baeriswyl is the only person listed under "significant shareholders". Baeriswyl appears to be based in Switzerland and Mantegani appears to be a citizen of Switzerland based in England.

State of Qatar v. First Abu Dhabi Bank PJSC et al: First Amended Complaint

First Amended Complaint alleging fraud regarding "brazen schemes to manipulate the markets of Qatari currency. bonds, and other financial instruments" that "arise out of an illicit blockade of Qatar by the Kingdom of Saudi Arabia, the United Arab Emirates, and the Kingdom of Bahrain, which seeks to isolate Qatar by land, air, and sea" in State of Qatar v. First Abu Dhabi Bank PJSC, of Abu Dhabi, and Samba Financial Group SJSC at the Supreme Court of the State of New York, County of New York.

Elliott Broidy et al v. Global Risk Advisors LLC et al: Complaint

Complaint alleging "In an effort to retaliate against and silence Mr. Broidy, Qatar hired its go-to firm for underhanded cyber-operations, Defendant GRA, to unlawfully hack into Mr. Broidy's emails and into his company's servers to steal private communications, business documents, and other material" in Elliott Broidy, of Beverly Hills, California, and Broidy Capital Management LLC, of Los Angeles, California v. Global Risk Advisors LLC, of Delaware; GRA Maven LLC, described as "a military consulting firm" based in North Carolina; GRA Quantum LLC, described as "a full-service cybcersecurity company" based in New York, NY; Global Risk Advisors EMEA Limited, described as a Gibraltar company based in Qatar, and Kevin Chalker, described as "a former CIA officer" who is based in New York, at the U. S. District Court for the Southern District of New York.

Gulf Investment Corp. v. Bank of America et al: Discovery Application

Application by Gulf Investment Corporation, of Kuwait, described as "a supranational financial institution owned equally by the six Gulf Cooperation Council states: The Kingdom of Bahrain; The State of Kuwait; The Sultanate of Oman; The State of Qatar; The Kingdom of Saudi Arabia; and The United Arab Emirates", to take discovery from Bank of America, NA, The Bank of New York Mellon, Citibank, NA, Deutsche Bank AG, New York Branch; Deutsche Bank Trust Company USA, Goldman Sachs and Co., HSBC Bank USA, NA, JPMorgan Chase Bank, NA, Mashreqbank PSC, New York Branch; National Australia Bank Limited, New York Branch; Standard Chartered Bank, New York Branch; and Wells Fargo Bank NA for use in "contemplated litigation in the Cayman Islands" regarding "hundreds of millions of dollars that have gone missing", filed at the U. S. District Court for the Southern District of New York.

Hamad Abdel Aziz Al Shaya et al v. National Bank of Kuwait et al: Discovery Application

Application by Hamad Abdel Aziz Al Shaya and Haitham Hamad Abdulaziz Al Shaya to take discovery from the National Bank of Kuwait SAKP, New York Branch; Standard Chartered Bank, and JPMorgan Chase & Co. for use in legal proceedings in Kuwait and Qatar regarding an alleged fraud by Anas Taiss Al Jumaily involving "loans from the International Bank of Qatar, Qatar Commercial Bank, and Al Khaliji Commercial Bank", filed at the U. S. District Court for the Southern District of New York.

Ileana Agudelo et al v. Horizon Crescent Wealth LLC et al: Judgment

Judgment dismissing Claimants' application for summary judgments and for further disclosure by the Qatar Financial Centre Regulatory Authority in Ileana Agudelo and Eniluz Jhoana Gonzalez Aponte, both of Costa Rica, as Claimants v. Horizon Crescent Wealth LLC, of Qatar; Patrick Baeriswyl, of Switzerland, and Jean Marc Mantegani, of England, as Defendants, and Qatar Financial Centre Regulatory Authority, which suspects money laundering, an Interested Party, at the Civil and Commercial Court of the Qatar Financial Centre.

First Abu Dhabi Bank PJSC: QAR200 Million Fine

Press Release by the Qatar Financial Centre Regulatory Authority regarding a fine of QAR 200 million (US$ 55 million) imposed on First Abu Dhabi Bank PJSC for "obstruction of investigation into market manipulation".

Qatar v. First Abu Dhabi Bank PJSC et al: Notice of Removal

Notice of Removal, including a copy of a complaint alleging "brazen schemes to manipulate the markets for Qatari currency, bonds, and other financial instruments", in State of Qatar v. First Abu Dhabi Bank PJSC, of the United Arab Emirates, and Samba Financial Group SJSC, of Saudi Arabia, at the U. S. District Court for the Southern District of New York.

FIFA Corruption: The Qatari Plot To Buy The World Cup

The Sunday Times' 'Insight' investigative unit receive a cache of hundreds of millions of secret documents from a whistleblower detailing corruption and bribery within football's world governing body, FIFA, that led to Qatar being awarded the 2022 World Cup. The Editor of that unit will discuss the investigation and the evidence.

USA v. Jeffrey Webb et al: Criminal Indictment

Indictment in USA v. Jeffrey Webb, Eduardo Li, Julio Rocha, Costas Takkas, Jack Warner, Eugenio Figueredo, Rafael Esquivel, Jose Maria Marin, Nicolas Leoz, Alejandro Burzaco, Aaron Davidson, Hugo Jinkis, Mariano Jinkis, and Jose Margulies, a.k.a. Jose Lazaro, at the U. S. District Court for the Eastern District of New York.

USA v. Jose Hawilla et al: Criminal Information

Criminal Information in USA v. Jose Hawilla, Traffic Sports USA, Inc., and Traffic Sports International, Inc. at the U. S. District Court for the Eastern District of New York.

Dr. Musallam Bin Ali Bin Musallam v. Ibrahim Bin Ali Bin Musallam et al: Fixed Date Claim Form

Fixed Date Claim Form in Dr. Musallam Bin Ali Bin Musallam v. Ibrahim Bin Ali Bin Musallam, Abdulaziz Bin Ali Bin Musallam, Majed Bin Ali Bin Musallam, Fatima Bint Ali Bin Musallam, Noura Bint Ali Bin Musallam, Nawal Bint Ali Bin Musallam, Dalal Bint Ali Bin Musallam, Lamah Bint Ali Bin Musallam, Wadha Bint Ali Bin Nassib, Sultan Bin Ali Bin Musallam, Faisal Bin Ali Bin Musallam, Hussain Bin Ali Bin Musallam, Khuloud Bint Ali Bin Musallam, Fatimah Bint Mohammad Al-Sharegh, Fayezah Bint Ali Al-Duwaish Al-Jarbaa, Mansour Bin Ali Bin Musallam, Hanouf Bint Ali Bin Musallam, Almaha Bint Ali Bin Musallam, Anoud Bint Ali Bin Musallam, Arafah Bint Ali Bin Musallam, and Nearland Properties Inc. at the British Virgin Islands High Court.

BTU Power Company: Winding-Up Petition

Winding-Up Petition Qatar Investment Authority, Supreme Council for Economic Affairs and Investment, and Qatar Foundation Fund v. BTU Power Company at the Grand Court of the Cayman Islands.

SPhinX Ltd. (In Official Liquidation) et al v. Refco Public Commodity Pool LP et al

Writ of Summons filed at the Grand Court of the Cayman Islands by SPhinX Ltd. (In Official Liquidation), SPhinX Strategy Fund Ltd. (In Official Liquidation), PlusFunds Manager Access Fund SPC Ltd. (In Official Liquidation), SPhinX Managed Futures Fund SPC (In Official Liquidation), and SPhinX Plus SPC Ltd. (In Official Liquidation) against Refco Public Commodity Pool LP, formerly known as S&P Managed Futures Index Fund LP; Rydex Capital Partners SPhinX Fund, Rydex Capital Partners I LLC, King Tut Investments LLC, Global Macro Fund Ltd., Index Recovery Company LP, formerly known as SPhinX Managed Futures Index Fund LP; SPhinX Managed Futures LP, Refco Offshore Managed Futures Fund Ltd. (In Voluntary Liquidation), Merrill Lynch International, JP Morgan Securities Ltd., Deutsche Bank London Branch, SPhinX Access Limited, KBC Investment Limited, OFI Palmares, formerly known as Ofivalmo Palmares; Societe Generale Bank & Trust Luxembourg, UBS AG London Branch; Citco Global Custody NV, Bawag PSK Invest GmbH, Multi Strategy Fund Ltd., BIH SA, CDP Capital Inc., Bawag PSK Bank, Qatar Telecom, Cominvest Asset Management GmbH, HFC Ltd., and HFC LLC.

Merchantbridge Holdings Inc. et al v. Bluewood Inc. et al

Writ of Summons filed by Merchantbridge Holdings (Cayman) Limited and Merchantbridge Holdings Inc. against Bluewood Inc., The Estate of Basim Al-Rahim,  Rend Al-Rahim Francke, Fadi Ghandour, and Raywood Inc. at the Grand Court of the Cayman Islands on June 21, 2011.

Kaupthing Bank hf.: Chapter 15 Petition

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Iceland by Olafur Gardarsson, as the Foreign Representative of Kaupthing Bank hf., at the U. S. Bankruptcy Court for the Southern District of New York.

First Cayman Bank loot used to pay off fraud judgment, claim liquidators

Part of the estimated $5.5 million allegedly looted from the First Cayman Bank/Gulf Union Bank group in 1997 went to satisfy a $1.75 million fraud judgment in the United States, according to the liquidators.The fraud had been committed by Sheikh Abdus Shimmy Qureshi and his now defunct Florida firm Escue Management Inc., it was alleged.
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