Monthly Archives: January 2007

Guernsey’s Court approved an application to freeze EUR 36 M of the BVI-registered Garnet Investment

On January, 22 Guernsey royal court approved an application by the government of Indonesia to freeze tens of millions of dollars allegedly hidden illegally by Hutorno Mandala Putra, the son of Suharto, the country’s former dictator. The court also approved … Continue reading

Posted in BVI Companies, Corruption Scandals, Litigation, Money Laundering | Leave a comment

BVI-based Eon-Net sanctioned by Federal Judge for filing patent infringement complaints

Eon-Net, a patent holding company registered in the British Virgin Islands, has filed a patent suit in March 2005 in New Jersey against Flagstar – a $16 billion savings bank based in Michigan. This bank was one of 32 companies, … Continue reading

Posted in BVI Companies, Litigation, Unethical business practice | Leave a comment

BVI Companies involved in BAE’s deals in South Africa

The corruption investigation started on the purpose of defence conglomerate British Aerospace (BAE) Systems two years ago by the United Kingdom’s Serious Fraud Office (SFO) now includes new allegations of dirty money and influence-buying. The SFO formal application asking for … Continue reading

Posted in BVI Companies, Corruption Scandals, Frauds, Money Laundering | Leave a comment

Johnston’s Background could be traced back to the BVI

It is hard to indicate when it started, but for sport fans it definitely started in November 2006, when the chairman of a Perth-based fuel technology company Firepower became known as the main sponsor of the South Sydney Rabbitohs. The … Continue reading

Posted in BVI Companies | Leave a comment

BVI Holding Company engaged in fraudulent scheme alleged to be organized by China Energy Savings Technology Inc

A British Virgin Islands holding company Starway Management Limited and a Nevada shell corporation Rim Holdings, Inc. are involved in the transactions through which China Energy Savings Technology, Inc. and the company’s undisclosed control person, Chiu Wing Chiu, with the … Continue reading

Posted in BVI Companies, Frauds | Leave a comment