The liquidators of Gibraltar-domiciled Kijani Resources Ltd. and Ratio Ltd. intend to sue NatWest Bank for "dishonest assistance" to a $98 million fraudulent scheme headed by Irishman Richard Fagan that collapsed in 2015 after being exposed by OffshoreAlert.
Kijani Resources Ltd. et al v. The Royal Bank of Scotland International Ltd.: Pre-Action Disclosure Ruling
Ruling on Application for an Order for Pre-Action Disclosure in Edgar Lavarello and Simon Conway, as Joint Liquidators of Kijani Resources Ltd. and Ratio Ltd., v. The Royal Bank of Scotland International Limited at Gibraltar Supreme Court.
Writ of Summons in William Ritter and Geneva Insurance SPC Limited v. Butterfield Bank (Cayman) Limited at the Grand Court of the Cayman Islands.
Writ of Summons in Clifton Capital LP and Sema LP, both domiciled in Bermuda v. 10ak PEVC Bluebird GP Limited and 10ak Private Equity Venture Capital Limited at the Grand Court of the Cayman Islands.