• Home
  • Articles
  • Arab nations claim ‘hundreds of millions of dollars are missing’ from Cayman Islands fund

Arab nations claim ‘hundreds of millions of dollars are missing’ from Cayman Islands fund

In an application to take discovery from 12 US banks, a financial institution owned by six Arab nations claims that “hundreds of millions of dollars are missing” from a Cayman Islands investment fund that was set up to invest in “port-related assets around the world”.