Petition for Court Supervision of a Voluntary Liquidation in the matter of Tasameem Strategic Fund SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
The liquidators of eight entities in the British Virgin Islands and one in the Cayman Islands that were allegedly used to misappropriate and launder some of the proceeds of an $8.5 billion fraud involving Malaysia's 1MDB have applied for Chapter 15 recognition in the United States.
Chapter 15 Petition for Recognition of Foreign Main Proceedings in the British Virgin Islands and Cayman Islands by Angela Barkhouse, Helen Janes, and Carl Jackson, as the Foreign Representatives of Brazen Sky Limited, Aabar Investments PJS Limited, Tanore Finance Corporation, Blackstone Asia Real Estate Partners Limited, Vasco Investment Services SA, Selune Limited, Pacific Rim Global Growth Limited, and Affinity Equity International Partners Limited, and Angela Barkhouse and George Kimberley Leck, as the Foreign Representatives of Bridge Global Absolute Return Fund SPC, which were all "part of the fraud perpetrated against 1 Malaysia Development Berhad, a sovereign wealth fund owned by the Malaysian Ministry of Finance, in which numerous entities and individuals formed a network to divert and distribute funds to the fraudsters who orchestrated the fraud and to individuals and/or entities connected to them", filed at the U.S. Bankruptcy Court for the Southern District of Florida.