Category Archives: Politician Deals

Politician deals related to British Virgin Islands or BVI companies.

Transactions of BVI company Ample Rich claimed to be taxed

The Revenue Department is planning to claim up to 16 billion baht of taxes from the family of ex-Prime Minister of Thailand Thaksin Shinawatra in a tax case related to the 2006 sale of its holdings in BVI-owned company Shin … Continue reading

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UAH 3.64 billion passed by Ukrainian entities through BVI and other offshore centres in 2008

The State Customs Service of Ukraine reported that in 2008, a total amount of UAH 3.64 billion (USD 1 – UAH 7.79) has passed through offshore jurisdictions. 262 companies from Ukraine were involved in the export transactions, and the biggest … Continue reading

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The deal of Uganda Telecom with Libyan company through the BVI-based Ucom “pushed” by the Uganda President

The Finance Minister of Uganda, Dr Ezra Suruma, in the documents submitted to investigating House committee stated that country’s President Yoweri Museveni oversaw the sale of Uganda Telecom Limited’s (UTL) shares to Libya in 2006, at a price below market … Continue reading

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Offshore companies donate large sums to Tories, £100,000 given by BVI-controlled entity

Under the current law of UK, overseas businessmen can contribute quite legitimately to the British politics by making donations through their UK-registered parties. The Times has recently  discovered series of donations to the Tories party, in the amounts of £50,000 … 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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SFO discovers links of BAE Systems to controversial businessman through another BVI company

The British defence company and arms manufacturer BAE Systems, which is under investigation in several countries for alleged bribery, using secret payments system and running the funds through the BVI offshore companies, paid at least £20mln to a company which … Continue reading

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Investigation authorities find out BVI shell company set up by Taiwan’s former First Lady

Recently the prosecutors at Taiwan Supreme Prosecutors Office‘s Special Investigation Group (SIG), were looking into claims that former First Lady Wu Shu-jen had established a shell company in the British Virgin Islands called Armando Holding. They received information from Singapore … Continue reading

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Timeshare Holders Consider Lawsuit against BVI Government

The Prospect Reef Vacation Club (PRVC) is going to file a lawsuit against the British Virgin Islands government in the U.S. Federal Court, for an estimated sum of US$4-8 mln. The international group is alleging that the BVI government illegally … Continue reading

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Ukrainian premier: BVI registered offshore company Milbert Ventures Ltd to be used by Ukrainian tycoon in shadowy privatization

This year July, the Ukrainian prime minister Yuliya Tymoshenko made efforts to stop what she called the shadowy privatization of the Odessa-Brody oil pipeline (OBP), from Ukraine’s Black Sea coast to country’s border with Poland, based on the fact that … Continue reading

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New scandal in Tajikistan: shooting of the ex-owner of the BVI-registered CDH Investments

On May 2, the son of the President of Tajikistan Imomali Rahmon, Rustam, reportedly shot his uncle Hassan Sadullayev. According to the report distributed by Tajikistan news website, Sadullayev was taken for medical treatment to Germany, but he died on … Continue reading

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