Category Archives: Offshore secrecy

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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OECD-listed offshore centres including BVI compete in services

The lists of tax havens published by the Organisation for Economic Co-operation and Development () (OECD), – especially the so called “grey list” – became the cause of hard battle for business between international financial centres. This competition will probably … Continue reading

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Bulgaria’s Overgas Inc. might hide its beneficiaries through a network of BVI entities and nominal directors

This month, after the end of the Ukrainian-Russian gas conflict, deliveries of gas were restored to Bulgaria, and Bulgarian officials announced that they would still try to remove two middleman companies -  Overgas, Inc., and Wintershall Erdgas Handelshaus Zug AG … Continue reading

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Obama Victory could threaten financial industry in offshore jurisdictions including British Virgin Islands

On November 4, the elections are held in the United States. It is unknown yet who is to be elected as the next president, but it is clear that in any case he will have major impact on global issues. … Continue reading

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US Senate Report says that 2 British Virgin Islands corporations were purpotedly used to launder USD 2.2 million

According to a Senate Report issued to pierce the secrecy surrounding offshore bank accounts, the big Swiss bank UBS and Liechtenstein Global Trust (LGT), which is run by the royal family of Liechtenstein, might help wealthy individuals avoid paying taxes … Continue reading

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Wikileaks site closed after publishing secret information on BVI company’s accounts in the swiss bank

This week, the Julius Baer bank in Zurich, Switzerland, successfully initiated new censorship blow against the internet – so, those who tried to reach wikileaks.org, a global website devoted to publishing leaked documents, failed to do it. Wikileaks, the website … Continue reading

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