Monthly Archives: March 2010

Investors of Fuqi International, Inc. announced Class Action Lawsuit against the company

Law Offices of Howard G. Smith, representing investors of Fuqi International, Inc., which is parent company of British Virgin Islands-registered Fuqi International Holdings Co., Ltd., has filed a class action lawsuit in the Court for the Southern District of New … Continue reading

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Mining magnate ordered to pay $5M debt in the matter with BVI company

On March 19, mining magnate Khumalo said he had missed for technical reasons the deadline to file papers in the matter concerning mining company Metallon International, registered in the British Virgin Islands. The order was handed down by the British … Continue reading

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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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The owner of BVI-registered Allbury Ltd. claims E-Clear owes him £25m

The credit card processing firm E-Clear, whose chief executive Elias Elia was named as the person controlling BVI-registered company Allbury Ltd., collapsed a month after the collapse of Flyglobespan, after it was pursued through the courts by PricewaterhouseCoopers administrators. Mr. … Continue reading

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U.S. put hold on export licenses for BAE Systems

Upon investigation made into the network of BAE Systems companies, the U.S. State Department has placed a “temporary administrative hold” on weapons export licenses of BAE Systems or companies using BAE Systems’ products. This came when the BAE pleaded guilty … Continue reading

Posted in Bribery through BVI companies, BVI Companies, Corruption Scandals, Frauds, Investigation | Leave a comment

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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