Allegations of financial impropriety have been made against two former senior officers of the Cayman Islands operations of the Portugal-headquartered Banif Financial Group.
Writ of Summons filed by Banif Banco Internacional do Funchal (Cayman) Ltd. and Finab-International Corporate Management Services Ltd. against Fernando Mendes at the Grand Court of the Cayman Islands.
Creditors Petition filed by Jorg Geissler and Paul Geissler against Fernando Mendes, Margaret Mendes, Joe Otu, and Josephine Otu at the Grand Court of the Cayman Islands.