Category Archives: Illegal actions

Chairman of bankrupt IT Factory charged with hiding taxes through the BVI company

Tax authority of Denmark has charged Jensby, the former board chairman of bankrupt IT Factory, as well as his wife, with tax evasion. Company’s CEO Stein Bagger fled from authorities in 2008, after it became known that the company received … Continue reading

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BVI company put on liquidation continues products sale

Cool-er device of the British Virgin Islands-registered company Interead, which has received a winding up order a month ago by the high court in Liverpool, UK, is still sold by companies Argos and Tesco. The businessman behind the company Neil … Continue reading

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DRC’s deal with BVI companies said to be illegal

Two oil blocks in eastern Democratic Republic of Congo (DRC), located on the border with Uganda , were sold to the companies registered in the British Virgin Islands and owned by relative of country’s president. The presidential decree, according to … Continue reading

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Tajik President’s relative denies links to BVI company

Jamoliddin Nuraliev, the Tajik government official and Son-In-Law of country’s president, has denied any ties to a British Virgin Islands-registered firm Innovative Road Solutions, which is operating the toll road on Dushanbe-Chanak highway, – one of the main roads in Tajikistan.  … Continue reading

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Congo government signs agreement with BVI company bypassing Canadian miner

Vancouver-based copper miner First Quantum Minerals Ltd. is planning to put the issue on one of the worst expropriations in the Canadian mining sector on the agenda to be discussed at the upcoming G20 summit. Its US$765mln Kolwezi Tailing project … Continue reading

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BVI company’s operation of toll road in Tajikistan is said to be illegal

The head of Tajikistan’s Antimonopoly Committee announced that the Innovative Road Solutions (IRS), incorporated in the British Virgin Islands, has no more right to operate the toll road on the 350-kilometer-long Dushanbe-Chanak highway. According to Amonulloh Ashur, the BVI company … Continue reading

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New defendants in the legal dispute over ownership of Kasapa Communications Limited

Kludjeson International Limited (KIL), the company which issued a legal suit against a HK-based Hutchison Telecommunication Limited, accusing it of fraud, is currently in a legal showdown with institutions and personalities to win the ownership dispute of the mobile telecommunication … Continue reading

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Nevada gubernatorial candidate to receive illegal donation from BVI company

The former North Las Vegas mayor Mike Montandon, who is now the governor candidate of Nevada from Republicans, last year received a $10,000 campaign contribution from the British Virgin Islands-registered company Forich Group Ltd. This BVI company is an affiliate … Continue reading

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FGXI transaction investigated over breach of fiduciary duty

FGX International Holdings Limited, located on the British Virgin Islands, is subject to investigation which was commenced in connection with potential breaches of fiduciary duty and other violations of state law by the Board of Directors of the company. The … Continue reading

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Accountant charged of incorporating BVI sham corporation

Steven Michael Rubinstein, the accountant of wealthy Coral Springs company, became the first U.S. citizen charged in a wide-ranging tax probe of Swiss major bank UBS, based in Zurich. The reason for the criminal charges were the UBS records obtained by … Continue reading

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