Category Archives: BVI Companies

Information about BVI Companies.

BVI and Belize-based offshore firms investigated on IRBC case

БогородицаThe Irish Bank Resources Corporation (IRBC) – formerly Anglo Irish Bank – is seeking to seize European properties linked to unpaid loans advanced to companies registered in the British Virgin Islands and Belize. When considering fraud proceedings, injunctions against two … Continue reading

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Labour Party’s supporter has its business registered in the British Virgin Islands

БогородицаLast week, the press informed that tycoon Andrew Rosenfeld who backed companies of Labour leader Ed Milliband based his companies in the British Virgin Islands jurisdiction. The multi-millionaire who has made an estimated £100 million from property investments, registered his … Continue reading

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Australian company banned from raising US$35 mln

In the end of the year 2011, Fortis Mining Limited, a publicly listed mineral exploration company based in Melbourne, Australia, and focused on potash, gold, nickel, and copper deposits, was banned from raising US$35 mln to fund the purchase of … Continue reading

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BVI company involved in illegal investor’s case

Thomas Elvin, accused of depriving investors of €177,000 and operating as an illegal investor between 2003 and 2005, is said to be the head of the company called Pear Shaped Resources. This fact was claimed in court, which was told … Continue reading

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Albidon Limited due to financial problems suspends operations in Zambia

Albidon Limited, a BVI-incorporated company, which is 50 percent owned by Chinese Jinchuan Group, listed on Australian Stock Exchange and engaged in nickel exploration and development, made an announcement that it has temporarily suspended operations at its Munali nickel mine … Continue reading

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Tax service secretary asked over BVI company deal

Dave Hartnett, permanent secretary for tax at UK Revenue& Customs, is to be questioned by MPs over leaked documents concerning the settlement of a tax dispute with Goldman Sachs. According to the report of the tax authorities, this settlement apparently … Continue reading

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CFTC filed suits against 11 unregistered firms including BVI entities

иконописThe US Commodity Futures Trading Commission (CFTC) had filed ten enforcement actions against eleven companies, including two companies registered in the British Virgin Islands – InterForex, Inc. and O.C.M. Online Capital Markets Limited. These firms allegedly illegally solicited the public … Continue reading

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BVI-owned company to purchase large wood industry enterprise

The shares of one of the leading wood industry enterprises in Latvia – joint-stock company Latvijas Finieris – soon to be sold. In August 2011, some investors from Netherlands informed about their plans to invest LVL 50 million in the … Continue reading

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OMC failed to report Singapore authority on transactions with BVI company

КартинииконографияOn December 21, 2007, Singapore-based company GLA Ltd., which is owned by former Tourism Minister G Janardhana Reddy, had transferred the share of one Singapore dollar of the company to another ex-minister’s firm, GJR Holdings, registered in Isle of Man. … Continue reading

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A-Power’s shareholders asked to move for appointment as lead plaintiff in the lawsuit

All persons or entities who purchased the securities of the British Virgin Islands-registered company A-Power Energy Generation Systems, Ltd. between March 31, 2008 and June 27, 2011, have until August 31, 2011 to move the Court to serve as Lead … Continue reading

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