United Arab Emirates

Complaint in BSR Fund SA, of the Marshall Islands; United Capital Trust Inc., of Liberia; Volterra Investment Inc., of the Marshall Islands; B Angel Investment Corp., of the Marshall Islands; Galactica FX Trading Corp., of the Marshall Islands; Victor Restis, of Greece, and Bella Resti, of Greece v. Diwakar Jagannath, Ikon Global Holding Company LLC, Ikon Global Markets Inc., Ftechnics Inc., Ikon Europe Ltd., of the United Kingdom; Ikon Finance Ltd., of the United Kingdom; Ikon Atlantic Ltd., of Bermuda; Ioannis Litinas, of Greece; George Daskaleas, of Greece; Maria Kitromilidou, of Cyprus; and Patrick Cunningham alleging fraud regarding Gstar FX Inc., of Belize, and PK Investments Equity Ltd., of the British Virgin Islands, at the Supreme Court of the State of New York, County of New York.

Decision Notice by the Dubai Financial Services Authority that Christopher Steer, of GFI Group Inc., "is not fit and proper person to hold any Licensed Function in connection with the provision of Financial Services in or from the DIFC".

Decision Notice by the Dubai Financial Services Authority that David Barnett, of GFI Group Inc., "is not fit and proper person to perform any functions in connection with the provision of Financial Services in or from the DIFC".

Complaint in Raymond Mazzei v. Sika Stables LLC, of Florida; Adel Sika, a.k.a. Adel Lozasika, of Egypt, individually and as principal of Sika Stables LLC; Società Agricola I.A.T.C. Srl, of Italy; Paolo Capecci, of Italy, individually and as a principal of Capecci Arabian Training Center and Società Africola I.A.T.C. Srl; Giampaolo 'Woody' Gubbiotti, of Italy, individually and as a principal and manager of Società Agricola I.A.T.C. Sarl; and Dubai Arabian Horse Stud, of the United Arab Emirates, regarding ownership of a horse called Fanaticaa at the U. S. District for the Central District of California.

Application by Opus Trustees Limited, of Guernsey, in its capacity as trustee of The Manet Trust and Renoir Investments Limited, of Guernsey, to take discovery from Bank of China, The Bank of New York Mellon, BNP Paribas, Citibank NA, CommerzbankAG, Deutsche Bank Trust Company Americas, HSBC Bank, JPMorgan Chase Bank NA, Societe Generale, Standard Chartered Bank, and UBS AG for contemplated legal proceedings in Guernsey regarding a fraud believed to involve Société Bancaire et Fiduciarie Privée, Credit Foncier Comoros, Credit Foncier International s.r.o., Federico Cappuzzo, Daria Chekhova, Laura Meier, Credit Foncier Dubai UAE, and Kataryna Ryzovska, filed at the U. S. District Court for the Southern District of New York.

Complaint in W1 Optimum Partners LLC v. White Rock FZE, described as "a Dubai Commodities Centre Free Zone Entity", at the U. S. District Court for the Southern District of Florida.

Complaint in City of Almaty, Kazakhstan and BTA Bank JSC v. Felix Sater, Daniel Ridloff, Bayrock Group Inc., Global Habitat Solutions, Inc., RRMI-DR LLC, Ferrari Holdings LLC, and MeM Energy Partners LLC at the U. S. District Court for the Southern District of New York.

Originating Application in Landcastle Holdings Limited v. Excel Overseas Holdings Limited at the British Virgin Islands High Court.

Amended Particulars of Claim alleging tax fraud involving entities in the British Virgin Islands, Cayman Islands, Dubai, Jersey, Luxembourg and other jurisdictions in SKAT (the Danish Customs and Tax Administration) v. Solo Capital Partners LLP, Solo Capital Ltd., Agrius Capital Ltd., AESA Sarl, Anupe Dhorajiwala, Old Park Lane Capital Ltd., Telesto Markets LLP, Anthony Mark Patterson, Graham McKenzie Horn, Priyan Shah, Sanjay Shah, Gerard O'Callaghan, Elysium Global Ltd., Goal TaxBack Ltd., Koi Associates Ltd., Syntax GIS Ltd., Acupay System LLC, Global Equities GmbH, West Point Derivatives Ltd., North Channel Bank Gmbh, Salgado Capital, ED&F Man Capital Markets Ltd., Indigo Global Partners Ltd., Lindisfarne Partners LLP, Khajuraho Equity Trading Sarl, Treefrog Capital Ltd., Arche Cayman Ltd., Trillium Capital Sarl, Ganymede Cayman Ltd., VEM Holdings Sarl, Colbrook Ltd., Elysium Global (Dubai) Ltd., T&S Capital, Darren Lui, Hooloomooloo Holdings Ltd., Ampersand Capital Ltd., Usha Shah, Michael Stephen Murphy, James Edward Hoogewerf, Charles Joseph Knott, Polaris Capital Ltd., Polaris Capital (One) Ltd., Edo Barac, Robyn Llewellyn, North Channel Bank GmbH & Co. KG, Mankash Jain, Paul Preston, Daksha Bhudia, Jas Bains, Anne Christine Stratford, Europa LLP Executive Pension Scheme, Honey Jersey Ltd., Jonathan Godson, Daniel Fletcher, Alasdair Gavin Gonzalez Brown, Janice Allgrove, Godson Consulting LLC 401 Plan, Lawler Noble 401 K Plan, Watts Street Capital 401 K Plan, Roxy Ventures Solo 401 K Plan, Alba Gonzalez Brown, Fiveways Consulting FZE, Trixor Holdings One Ltd., FGC Elysium Holdings Ltd., IPIS UK (Battersea London 1) Ltd., Martin Smith, Guenthar Grant-Klar, West Point Derivatives Ltd., Bellview Financial Ltd., Rivera One Ltd., Astella Capital Ltd., PCM Ltd., Eris Investments Ltd., Silvercouk Ltd., Darren Wang Lip Yiu, Solo Group (Holdings) Ltd., Solo Group Services Ltd., Luna Capital Partners LLP, Copella Capital Ltd., Zuben Capital Ltd., Serafine Capital Ltd., Serafine Investments Ltd., Kenna Capital Ltd., Kenna Investments Ltd., Silver Fox Holdings Ltd, Ace City Holdings Ltd., Araya Holdings Ltd., Oberix International Corporation, Trillium Holdings (BVI) Ltd., Woodfields Holdings Capital Ltd., DoubleTwo Holdings Ltd., and Double Two Investments Ltd. at the High Court for England and Wales.

Complaint in EVRM Limited, of the United Kingdom, v. SDKA North America LLC, Christopher Kelly, and Gurpreet Rai at the U. S. District Court for the Southern District of New York.

Forfeiture complaint concerning the laundering of funds misappropriated from 1Malaysia Development Berhad, a.k.a. 1MDB, in USA v. Sale Proceeds of Real Property in New York associated with Oceana 57 LLC and Mohamed Ahmed Badawy Al-Husseiny at the U. S. District Court for the Central District of California.

Decision Notice by the Dubai Financial Services Authority regarding Arnab Mukherjee.

Judgment in Solicitors Regulation Authority v. Colin Ross Downie at the Solicitors Disciplinary Tribunal, for England and Wales.

Two of Bermuda's new blockchain start-ups - Uulala Ltd. and Arbitrade Ltd. - are being operated by North Americans with long records of business failures, indebtedness, and scandal, OffshoreAlert can reveal.

Indictment in USA v. Jean Boustani, a.k.a. Jean Boustany, a citizen of Lebanon; Najib Allam, a.k.a. Naji Allam, a citizen of Lebanon; Manuel Chang, a citizen of Mozambique and Mozambique's Minister of Finance; Antonio Do Rosario, a citizen of Mozambique and "an official in Mozambique's governmental state intelligence and security service, known as Servico de Informacoes e Seguranca do Estado; Teofilo Nhangumele, "a citizen of Mozambique acting in an official capacity for and on behalf of the Office of the President of Mozambique"; Andrew Pearse, a citizen of New Zealand; Surjan Singh, a citizen of the United Kingdom; and Detelina Subeva, a citizen of Bulgaria, at the U. S. District Court for the Eastern District of New York.

Winding Up Petition in BCS Prime Brokerage Limited v. Simargl Capital at the Grand Court of the Cayman Islands.

Application for the appointment of a Commissioner to collect evidence - pursuant to a request for judicial assistance from India - for a criminal investigation into Shashindra Pal Tyagi, a.k.a. S.P. Tyagi, a former Chief of Air Staff of the Indian Army; Sanjeev Tyagi, a.k.a. Julie Tyagi; Rajeev Tyagi, a.k.a. Docsa Tyagi; Sandeep Tyagi, Guido Ralph Haschke, Carlo Valentino Ferdinando Gerosa, Bruno Spagnolini, CEO of AgustaWestland SpA; Christian Michael James, Giorgio Zappa, Gautam Khaitan, Partap Krishan Aggarwal, Hedi Kamoun, Satish Bagrodia and others for suspected involvement in a bribery and corruption and corruption scheme.

Petition in Simon Hoyle v. Daniel McGowan, Centaur Holdings Limited, Centaur Asset Management Limited, Centaur Private Equity Limited, Centaur Group Finance Limited, Centaur Ventures Limited, and Centaur Group Limited at Bermuda Supreme Court.

Summons With Notice in International Petroleum Investment Company and Aabar Investments PJS v. The Goldman Sachs Group, Inc., Goldman Sachs International Goldman Sachs (Asia) LLC, Goldman Sachs (Singapore) Pte, Goldman Sachs (Malaysia) Sdn Bhd, Tim Leissner, Ng Chong Hwa, a.k.a. Roger Ng; Andrea Vella, Khadem Abdulla Al Qubaisi, and Mohamed Ahmed Badawy Al-Husseiny at New York Supreme Court.

Decision Notice regarding Morgan Gatsby Limited by the Dubai Financial Services Authority.

Writ of Summons in ABRAAJ General Partner VIII Limited, on behalf of Abraaj Private Equity Fund IV LP, Abraaj Buyout Fund IV (S) LP, and, derivatively, Mocha Education Holdings LP, v. ABRAAJ SPV 124 Limited, ADV 1 Limited, EDU MENA Holdings Cooperatief UA, and Thebes BV at the Grand Court of the Cayman Islands.

Ex Parte Application by Iraq Telecom Limited to conduct discovery from HSBC Bank (USA) NA, Standard Chartered International (USD) Ltd., The Bank of New York Mellon NA, and Wells Fargo Bank NA at the U. S. District Court for the Southern District of New York.

Criminal Indictment in USA v. Jho Taek Low, and Hwa Chong Ng, a.k.a. Roger Ng, at the U. S. District Court for the Eastern District of New York.

SEC's Motion for a Temporary Restraining Order in U. S. Securities and Exchange Commission v. Roger Knox, Wintercap SA, Michael T. Gastauer, WB21 US Inc., Silverton SA Inc., WB21 NA Inc., C Capital Corp., Wintercap SA Inc., and B2 Cap Inc., as defendants, and Raimund Gastauer, Simone Gastauer Foehr, and B21 Ltd., as relief defendants, at the U. S. District Court for the District of Massachusetts.

Decision Notice by the Dubai Financial Services Authority regarding Royal Shield Limited.

Criminal Indictment in USA v. Ramses Owens, a.k.a. Ramses Owens Saad; Dirk Brauer, Richard Gaffey, a.k.a. Dick Gaffey; and Harald Joachim von der Goltz, a.k.a. H.J. von der Goltz and Johan von der Goltz, in connection with the ICIJ's 'Panama Papers' investigation of Mossack Fonseca law firm in Panama, filed at the U. S. District Court for the Southern District of New York.

Application by Sandra Holding Ltd. to take discovery from Fawzi Musaed Al Saleh, Ahmad Fawzi Al Saleh, Quabbin Capital Inc., and John I Snow III for use in legal proceedings in the Cayman Islands "against Universal Enterprises Ltd., a Cayman Islands company, and its director, Fawzi Musaed Al Saleh" for suspected "massive misappropriation of funds", filed at the U. S. District Court for the District of Massachusetts.

Criminal Complaint in USA v. Roger Knox, a citizen of the United Kingdom, at the U. S. District Court for the District of Massachusetts.

Winding Up Petition in Alcazar Capital Limited, of Dubai, and Forest Capital Holdings Limited, of the British Virgin Islands, v. ACL ASEAN Tower Holdco Limited at the Grand Court of the Cayman Islands.

Particulars of Claim alleging tax fraud involving entities in the British Virgin Islands, Cayman Islands, Dubai, Jersey, Luxembourg and other jurisdictions in SKAT (the Danish Customs and Tax Administration) v. Solo Capital Partners LLP, Solo Capital Ltd., Agrius Capital Ltd., AESA Sarl, Anupe Dhorajiwala, Old Park Lane Capital Ltd., Telesto Markets LLP, Anthony Mark Patterson, Graham McKenzie Horn, Priyan Shah, Sanjay Shah, Gerard O'Callaghan, Elysium Global Ltd., Goal TaxBack Ltd., Koi Associates Ltd., Syntax GIS Ltd., Acupay System LLC, Global Equities GmbH, West Point Derivatives Ltd., North Channel Bank Gmbh, Salgado Capital, ED&F Man Capital Markets Ltd., Indigo Global Partners Ltd., Lindisfarne Partners LLP, Khajuraho Equity Trading Sarl, Treefrog Capital Ltd., Arche Cayman Ltd., Trillium Capital Sarl, Ganymede Cayman Ltd., VEM Holdings Sarl, Colbrook Ltd., Elysium Global (Dubai) Ltd., T&S Capital, Darren Lui, Hooloomooloo Holdings Ltd., Ampersand Capital Ltd., Usha Shah, Michael Stephen Murphy, James Edward Hoogewerf, Charles Joseph Knott, Polaris Capital Ltd., Polaris Capital (One) Ltd., Edo Barac, Robyn Llewellyn, North Channel Bank GmbH & Co. KG, Mankash Jain, Paul Preston, Daksha Bhudia, Jas Bains, Anne Christine Stratford, Europa LLP Executive Pension Scheme, Honey Jersey Ltd., Jonathan Godson, Daniel Fletcher, Alasdair Gavin Gonzalez Brown, Janice Allgrove, Godson Consulting LLC 401 Plan, Lawler Noble 401 K Plan, Watts Street Capital 401 K Plan, Roxy Ventures Solo 401 K Plan, Alba Gonzalez Brown, Fiveways Consulting FZE, Trixor Holdings One Ltd., FGC Elysium Holdings Ltd., IPIS UK (Battersea London 1) Ltd., Martin Smith, Guenthar Grant-Klar, West Point Derivatives Ltd., Bellview Financial Ltd., Rivera One Ltd., Astella Capital Ltd., PCM Ltd., Eris Investments Ltd., Silvercouk Ltd., Darren Wang Lip Yiu, Solo Group (Holdings) Ltd., Solo Group Services Ltd., Luna Capital Partners LLP, Copella Capital Ltd., Zuben Capital Ltd., Serafine Capital Ltd., Serafine Investments Ltd., Kenna Capital Ltd., Kenna Investments Ltd., Silver Fox Holdings Ltd, Ace City Holdings Ltd., Araya Holdings Ltd., Oberix International Corporation, Trillium Holdings (BVI) Ltd., Woodfields Holdings Capital Ltd., DoubleTwo Holdings Ltd., and Double Two Investments Ltd. at the High Court for England and Wales.

In the first seven months of this year alone, the international business court of the Cayman Islands concealed 21 insolvency petitions in which the liabilities collectively exceeded $1.2 billion, including five against companies listed on foreign stock exchanges. Their existence is only now known because the Court unsealed dozens of cases after OffshoreAlert's exposé of its draconian secrecy practices.

Criminal Information in USA v. Tim Leissner concerning 1Malaysia Development Berhad, a.k.a. 1MDB, at the U. S. District Court for the Eastern District of New York.

Ban on Portmann Capital Management Limited accepting new clients by the Malta Financial Services Authority.

Accountants Grant Thornton and law firms Cadwalader, Wickersham & Taft and Greene Espel are being sued for allegedly aiding and abetting a $150 million fraud perpetrated by the Providence Financial Group, which was primarily based in Guernsey, Miami, and Brazil.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €62,893.73) on Portmann Capital Management Limited.

Complaint to seize AED 73.3 million linked with Kenneth Zong in USA v. RAK Investment Authority at the U. S. District Court for the District of Alaska.

Media Release by the Dubai Financial Services Authority announcing fines against Al Ramz Capital LLC and Najim Al Attar.

Stop Notice by Commercial Bank of Dubai PSC regarding shares in Abraaj SPV Limited owned by Abraaj Holdings, filed at the Grand Court of the Cayman Islands.

Stop Notice by Commercial Bank of Dubai PSC regarding shares in Abraaj SPV 39 Limited owned by Abraaj Holdings, filed at the Grand Court of the Cayman Islands.

Stop Notice by Commercial Bank of Dubai PSC regarding shares in Abraaj SPV 128 Limited owned by Abraaj Holdings, filed at the Grand Court of the Cayman Islands.

Stop Notice by Commercial Bank of Dubai PSC regarding shares in Abraaj SPV 114 Limited owned by Abraaj Holdings, filed at the Grand Court of the Cayman Islands.

Stop Notice by Commercial Bank of Dubai PSC regarding sharesin Abraaj ASAS SPV Limited owned by Abraaj Holdings, filed at the Grand Court of the Cayman Islands.

Stop Notice by Commercial Bank of Dubai PSC regarding shares in New Star SPV Limited owned by Abraaj Holdings, filed at the Grand Court of the Cayman Islands.

Stop Notice by the Commercial Bank of Dubai PSC regarding shares in Shark Holdings Limited owned by Abraaj Holdings, filed at the Grand Court of the Cayman Islands.

Stop Notice by Commercial Bank of Dubai PSC regarding shares in Spinneys Egypt Holding in Spinneys Group Operations Ltd., filed at the Grand Court of the Cayman Islands.

Application by GET Group FZE, of the United Arab Emirates, to take discovery from The Bank of New York Mellon Corporation, JPMorgan Chase, N.A., Deutsche Bank Trust Co. Americas, Bank of China, Barclays Bank PLC, BNP Paribas USA, Citibank N.A., The Clearing House Payments Company LLC, Commerzbank AG, HSBC Bank USA, N.A., Société Générale S.A., Standard Chartered Bank USA, UBS AG, Wells Fargo Bank, N.A., and Bank of America, N.A. for use in legal proceedings in England, Ghana, and the Netherlands "to enforce and collect upon two arbitral awards issued in GET's favor against a Ghanaian company called Bankswitch Ghana Limited", filed at the U.S. District Court for the Southern District of New York.

Winding Up Petition In the Matter of ABRAAJ Investment Management Limited at the Grand Court of the Cayman Islands.

Winding Up Petition in Auctus Fund Ltd. v. ABRAAJ Investment Management Limited at the Grand Court of the Cayman Islands.

Criminal Complaint in USA v. Tim Leissner concerning 1Malaysia Development Berhad, a.k.a. 1MDB, at the U. S. District Court for the Eastern District of New York.

Winding Up Petition in Auctus Fund Ltd., of Saint Vincent and the Grenadines v. ABRAAJ Investment Management Limited, a Cayman Islands company based in Dubai, at the Grand Court of the Cayman Islands.