• Home
  • Articles
  • Kazakhstan’s BTA Bank sues ex-chairman and 52 others in the BVI for ‘$231M offshore SPV fraud’

Kazakhstan’s BTA Bank sues ex-chairman and 52 others in the BVI for ‘$231M offshore SPV fraud’

mukhtar-ablyazov
In a complaint filed at the British Virgin Islands High Court, Kazakhstan's BTA Bank has accused 53 defendants in the BVI, Cyprus, Germany, Guernsey, Kazakhstan, Latvia, Panama, Russia, Seychelles, Singapore, Switzerland, and USA, including its former chairman, Mukhtar Ablyazov, of defrauding the bank of $231 million.
  • Happening NowOffshoreAlert vGlobal

    The platform for this week's OffshoreAlert vGlobal FREE virtual conference is now open, and it's not too late to register to watch sessions and participate in networking. vGlobal is a neutral platform where participants in high-value international finance around the world can learn, meet, and conduct business.

    If you haven't done so already, register now - for FREE - at www.vglobal.io.