Delphine Evelyne Marcelle Brouard Rault: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Delphine Evelyne Marcelle Brouard Rault for regulatory breaches.
Xavier Rault: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Xavier Rault for regulatory breaches.
CC/Devas (Mauritius) Ltd. et al v. Republic of India: Petition to Confirm Foreign Arbitral Award
Petition to Confirm Foreign Arbitral Award in CC/Devas (Mauritius) Ltd., Devas Employees Mauritius Private Limited, and Telcom Devas Mauritius Limited, all of Mauritius v. The Republic of India at the U. S. District Court for the District of Columbia.
Neoma Manager (Mauritius) Ltd. v. Neoma Global Growth Markets Fund (B) LP et al: Writ of Summons
Writ of Summons in Neoma Manager (Mauritius) Limited, as the Manager of Neoma Private Equity Fund IV LP v. Neoma Global Growth Markets Fund (B) LP, Bicorp S.A.L., of Lebanon; Crown Global Secondaries III Plc, of Ireland; Falcon Flight LLC, of New York, NY; Raghida Ghandour, of Dubai, and The Public Institution for Social Security, of Kuwait, at the Grand Court of the Cayman Islands.
Aleksei Korotaev: Disqualification (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has disqualified Aleksei Korotaev, a citizen of Russia, who was described as "the director and ultimate beneficial owner" of Private Kapital Partners Asset Management (Mauritius) Limited, for regulatory breaches.
Arvinsingh Canaye: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Arvinsingh Canaye, who was described as the "General Manager of Beaufort Management Services Ltd.", for regulatory breaches.
Beaufort Management Services Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the Management License of Beaufort Management Services Ltd. for regulatory breaches.
Chan Yew Poa Yat: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Chan Yew Poa Yat, described as "a director of Beaufort Management Services Ltd.", for regulatory breaches.
Hemavadi Poolay Soondram: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Hemavadi Poolay Soondram, who was described as a "director of Beaufort Management Services Ltd.", for regulatory breaches.
Private Kapital Partners Asset Management (Mauritius) Ltd.: License Revocations (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it was revoked the Global Business, Collective Investment Scheme, and Investment Adviser licenses of Private Kapital Partners Asset Management (Mauritius) Limited for regulatory breaches.
Sanjay Kumar Mehta: Disqualification
Public Notice by the Mauritius Financial Services Commission that it was disqualified Sanjay Kumar Mehta, who was described as a "director of Beaufort Management Services Ltd.", for regulatory breaches.
PCL Management Services (Mauritius) Ltd.: $4,950 Fine
Public Notice by the Mauritius Financial Services Commission that it has imposed a fine of $4,950 on PCL Management Services (Mauritius) Ltd. for regulatory breaches.
Investec Bank (Mauritius) Ltd. v. Joseph Ikhide Akinola Arumemi-Ikhide et al: Claim Form
Claim Form seeking an injunction regarding a property in Surrey, England in Investec Bank (Mauritius) Limited v. Joseph Ikhide Akinola Arumemi-Ikhide, of Nigeria; Mary Ehiomome Arumemi-Ikhide, of Nigeria, and St. Gregory Holding Ltd., of the British Virgin Islands, at the British Virgin Islands High Court.
Aldrex Suppliers Ltd. – Pension & Life Assurance Scheme: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has terminated the license of Aldrex Suppliers Ltd - Pension & Life Assurance Scheme, "administered by SWAN Life Ltd.". Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department in Mauritius showed that Aldrex Suppliers Ltd. was incorporated in Mauritius on March 18th, 1998, its directors are Bernard Dupont, Louis Joseph Denis Lincoln, Marie Christine Alexandra Lincoln, Gerard Marie Sophie Rambert, and Joseph Desire Tristan Rambert, and that its shareholders are Gerard Rambert and Marie Lincoln.
Century Sharia Fund Ltd. et al: Administrator Appointment
Public Notice by the Mauritius Financial Services Commission announcing the appointment of an administrator for Century Global Ltd. and Century Sharia Fund Ltd. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department for Mauritius showed that Century Sharia Fund Ltd. was incorporated on May 19th, 2014, its sole director is Shah Nawaz Abdool Rahim Paraouty, of Mauritius, and its sole shareholder is Century Global Ltd.; Century Global Ltd. was incorporated on April 10th, 2012, its sole director is Shah Nawaz Abdool Rahim Paraouty, of Mauritius, its management company is Bramer Global Services Ltd., and its sole shareholder is Century Banking Corporation Ltd.; and Century Banking Corporation Ltd. was incorporated on May 21st, 2008, its directors are Waleed Qassim Bangash, of Bahrain; Charles Mark Broadley, of Hong Kong; Shakil Ibrahim Moollan, and Rajendra Kumar Ujoodha, both of Mauritius; its secretary is Rawat Muhammad Houmayd Sulleman, of Mauritius, and its shareholder is CBC Capital Limited, whose domicile is not identified.
Jacques McKay: Public Notice
Public Notice by the Mauritius Financial Services Commission that it intends to disqualify Jacques Desire Frederick McKay.
Nirvi Management Ltd. et al: Liquidator Change
Communiqué by the Mauritius Financial Services Commission that Bhavish Bhooshan Ramdhony has been appointed as the liquidator of Nirvi Management Ltd. and Lotus Fund Ltd., replacing Mohammad Reaz Emambocus.
Emerging India Fund Management Ltd.: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the "Global Business Licence" and "CIS Manager Licence" of Emerging India Fund Management Ltd.
Emerging Markets Investment Fund 1A: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the "Global Business Licence" and "authorisation to operate as a CIS and Expert Fund" of Emerging Markets Investment Fund 1A. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department in Mauritius showed that Emerging Markets Investment Fund IA was incorporated on February 10th, 2015, its sole director is Sahjahan Ally Nauthoo, its sole shareholder is Emerging India Fund Management Ltd., and its "Management Company" and secretary is Trident Trust Company (Mauritius) Limited.
USA v. Elliott Broidy: Criminal Information
Criminal Information alleging conspiracy to violate the Foreign Agents Registration Act regarding lobbying the U.S. Government "to drop or otherwise favorably resolve its matters against Foreign National A for his role in the embezzlement of billions of dollars from 1 Malaysia Development Berhad" and, separately, "to arrange for the removal and return of People's Republic of China National A - a citizen of the PRC living in the United States - all on behalf of Foreign National A" in USA v. Elliott Broidy at the U. S. District Court for the District of Columbia.
Jean-Claude Bastos: Disqualification Cancellation
Public Notice by the Mauritius Financial Services Commission that the corporate disqualification of Jean-Claude Bastos, a Swiss-Angolan businessman, "has been cancelled on the 22nd September 2020 by the Financial Services Review Panel" and that the FSC "being dissatisfied" with the FSRP's decision "has decided to apply to the Supreme Court for a judicial review".
Changshouhua Food Company Ltd.: ‘Scheme of Arrangement’ Petition
Petition for the Court's sanction of a Scheme of Arrangement to privatize and de-list from the Hong Kong Stock Exchange in the matter of Changshouhua Food Company Limited, a Cayman Islands company based in Hong Kong that is "engaged in the production and sale of edible oil, crude oil and corn meal", at the Grand Court of the Cayman Islands.
Ashish Bhandari: $165K Fine
Amended Decision Notice by the Dubai Financial Services Authority imposing a fine of $165,000 and financial services industry restrictions on Ashish Bhandari for regulatory breaches involving "an offshore entity in the British Virgin Islands" while he was employed by ABN AMRO Bank NV.
Abdulhameed Dhia Jafar v. ABRAAJ Holdings et al: Complaint
Writ of Summons and Statement of Claim for at least $267 million alleging "systematic fraud" in Abdulhameed Dhia Jafar, of Sharjah, in the United Arab Emirates v. ABRAAJ Holdings (in Official Liquidation), GHF General Partner Limited, as General Partner of GHF Fund LP, formerly Abraaj Growth Markets Health Fund LP, and GHF Fund (B) LP, formerly Abraaj Growth Markets Health Fund (B) LP; The GHF Group Limited, formerly The Abraaj Healthcare Group Limited, and Abraaj General Partner VIII Limited, as General Partner of Neoma Private Equity Fund IV LP, formerly Abraaj Private Equity Fund IV LP, all of the Cayman Islands, at the Grand Court of the Cayman Islands.
Century Banking Corporation Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the Islamic Banking License of Century Banking Corporation Ltd. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department for Mauritius showed that Century Banking Corporation Ltd. was incorporated on May 21st, 2008, its directors are Charles Mark Broadley, of Hong Kong; Waleed Qassim Bangash, of Bahrain; Shakil Ibrahim Moollan, and Rajendra Kumar Ujoodha, all of Mauritius; its secretary is Muhammad Houmayd Sulleman Rawat, of Mauritius, and its sole shareholder is CBC Capital Limited, of Hong Kong. Research in the Hong Kong Companies Registry showed that the sole director of CBC Capital Limited is Charles Mark Broadley; and its sole shareholder is Oryx Investment Limited, of Hong Kong, and that the sole director of Oryx Investment Limited is Kenneth Richard Wyness, a citizen of South Africa residing in Mauritius, and its sole shareholder is Ghanim Saad M. Alsaad Al-Kuwari, of Qatar. Charles Broadley ceased being a director of Oryx Investment Limited on July 31st, 2019.
Century Sharia Fund Ltd.: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the Collective Investment Scheme license of Century Sharia Fund Ltd. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department for Mauritius showed that Century Sharia Fund Ltd. was incorporated on May 19th, 2014, its sole director is Shah Nawaz Abdool Rahim Paraouty, of Mauritius, and its sole shareholder is Century Global Ltd., of Mauritius.
Century Global Ltd.: License Suspension
Public Notice by the Mauritius Financial Services Commission that it has suspended the CIS Manager License of Century Global Ltd. Editor's Note: Research by OffshoreAlert in the Corporate and Business Registration Department for Mauritius showed that Century Global Ltd. was incorporated on April 10th, 2012, its sole director is Shah Nawaz Abdool Rahim Paraouty, its management company is Bramer Global Services Ltd., and its sole shareholder is Century Banking Corporation Ltd., and Century Banking Corporation Ltd. was incorporated on May 21st, 2008, its directors are Waleed Qassim Bangash, of Bahrain; Charles Mark Broadley, of Hong Kong; Shakil Ibrahim Moollan, and Rajendra Kumar Ujoodha, both of Mauritius; its secretary is Rawat Muhammad Houmayd Sulleman, of Mauritius, and its shareholder is CBC Capital Limited, whose domicile is not identified.
Jean-Claude Bastos: Disqualification
Public Notice by the Mauritius Financial Services Commission that it has disqualified Jean-Claude Bastos, a Swiss-Angolan businessman, from being an officer for five years.
Etherbridge Fund: Private Offering Memorandum Supplement
Supplement to Private Offering Memorandum for Etherbridge Fund, a Segregated Portfolio of New World Global SPC, of the Cayman Islands
Digital Gold: Private Offering Memorandum Supplement
Supplement to Private Offering Memorandum for Digital Gold, a Segregated Portfolio of New World Global SPC, of the Cayman Islands.
The Industrial Development Corporation of South Africa Ltd. v. Bank of America et al: Discovery Application (South Africa)
Application by The Industrial Development Corporation of South Africa Limited to take discovery from Bank of America N.A., Bank of Baroda, Bank of China, New York Branch; The Bank of New York Mellon, BNP Paribas, New York Branch; Citibank N.A. Commerzbank AG, New York Branch; Deutsche Bank Trust Company Americas, HSBC Bank (USA) N.A., JPMorgan Chase Bank, N.A., Mashreq Bank, New York Branch; National Bank of Abu Dhabi, Societe Generale, New York Branch; Standard Chartered Bank, New York Branch; UBS AG, New York Branch, and Wells Fargo Bank N.A. for use in legal proceedings in South Africa involving Oakbay Resources and Energy Limited and allegations of "money laundering, common law fraud, and securities fraud", filed at the U. S. District Court for the Southern District of New York.
Neomenia Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission that it has revoked the Global Business License of Neomenia Ltd. Editor's Note: Research by OffshoreAlert in the Mauritius Companies and Business Registration Department showed that Neomenia Ltd. was incorporated on July 25th, 2018, its sole directors is Dirk Roger Dhondt, and it is managed by Credentia International Management Ltd.
Horizonte Opportunities Fund SPC v. Horizonte Opportunities Fund SPC – SPC III et al: Receivership Petition
Petition seeking the appointment of Receivers in Horizonte Opportunities Fund SPC v. Horizonte Opportunities Fund SPC - SP III and Horizonte Opportunities Fund SPC - SP VI at the Grand Court of the Cayman Islands.
‘Remove ‘Retracted’ Mauritius FSC investor alert,’ asks BearBull Global
Letter from BearBull Global Investments Group Limited, of Dubai, requesting the removal from OffshoreAlert's website of an "Investor Alert" against the company that was issued by the Mauritius Financial Services Commission on June 24th, 2019 and which the firm claims has been "fully retracted".
Remi Laba v. JBO Worldwide Supply Pty Ltd. et al: Complaint
Complaint alleging unjust enrichment in Remi Laba, of New York v. JBO Worldwide Supply Pty Ltd., of South Africa, and Orange Butterfly Holdings (Mauritius) International Limited, of Mauritius, at the U. S. District Court for the Southern District of New York.
Offshore bank sues Mastercard for ‘driving it into liquidation’ by terminating its license
Loyal Bank, of Saint Vincent and the Grenadines, is suing Mastercard for allegedly causing its liquidation by terminating its license and keeping its $1.5 million deposit as a "termination fee" after the offshore bank was charged with money laundering in the U.S.
Poland: Jan Putkowski et al
Application for the appointment of a Commissioner to collect evidence from Citibank regarding an account at ABC Banking Corporation Ltd., of Mauritius - pursuant to a request for judicial assistance from Poland - for a criminal investigation into Jan Putkowski and others for suspected money laundering.
Power Systems Technologies Ltd. v. JMC Platform Fund I-A LP: Complaint
Complaint for damages of $4.6 million alleging "failure to honor its written irrevocable and unconditional guaranty of payment of the obligations of Unipower, LLC" in Power Systems Technologies Ltd., of Mauritius v. JMC Platform Fund I-A LP, of Delaware, at the U. S. District Court for the District of Delaware.
JAMLS Group Ltd.: License Revocation
Public Notice by the Mauritius Financial Services Commission announcing the revocation of the "Category 2 Global Business Licence" of JAMLS Group Ltd.
Lance Ranger v. Charles Pycraft: Claim Form
Claim Form and Particulars of Claim in Lance Dorian Ranger, of Switzerland, described as "a qualified and practising solicitor in England & Wales and the owner and Managing Director of Attendus Trust Company AG" and "founder in 2007 of the Ranger Foundation Trust, a registered Mauritian charity" v. Charles Pycraft, of London, England, at the County Court at Clerkenwell and Shoreditch, England.
Rishi Gupta v. New Silk Route Advisors LP et al: Complaint
Complaint alleging "Retaliation in Violation of the Dodd-Frank" in Rishi Gupta, of New York, NY, described as "a SEC Whistleblower" v. New Silk Route Advisors LP, of the Cayman Islands; New Silk Route Partners Ltd., of the Cayman Islands; Parag Saxena, of New York, NY; New Silk Route PE Associates LP, of the Cayman Islands; New Silk Route PE Asia Fund-A LP, of the Cayman Islands; New Silk Route Asia Fund LP, of the Cayman Islands; New Silk Route Holdings LLC, of Mauritius, as Defendants, and New Silk Route Mauritius Advisors LLC, of Mauritius; Arduino Holdings Limited, of Cyprus; InGain Traders LLC, of Mauritius; South Asia Gastronomy Enterprises LLC, of Mauritius; Orisen MedTech Limited, of Mauritius; A H Holdings (BVI) Limited, of the British Virgin Islands, and A H Holdings Sarl, of Luxembourg, as Relief Defendants, at the U. S. District Court for the Southern District of New York.
BNP Paribas Jersey Trust Corp. v. Camilla de Bourbon des Deux Siciles: Contempt Judgment
Contempt of Court Judgment in BNP Paribas Jersey Trust Corporation v. Camilla de Bourbon des Deux Siciles at the Royal Court of Jersey, in the Channel Islands.
Mauritius bans British accountant & local lawyer whose firm provided services to drug trafficker
British chartered accountant David Gaskell and Mauritian lawyer Penny Hack, whose management firm provided services to British drug trafficker James Mulvey, have been banned as corporate officers in Mauritius.
Black River Trust Company Ltd et al.: Disqualification of Officers & License Revocation
Notice by the Mauritius Financial Services Commission announcing the Revocation of the Management License of Black River Trust Company Ltd., formerly known as Grand Baie Trust Company Ltd., and the Disqualification of its Officers, Luc Allan Penny Hack, a lawyer, and David Perry Gaskell, a British chartered accountant.
Arun Panchariya et al: Disqualifications
Notice by the Mauritius Financial Services Commission announcing the disqualifications of Varsharanee Roopun and Arun Ramswaroopji Panchariya.
NY client sues offshore firms over failed Belvedere Management investments
Thailand-based British financial adviser Paul Gambles and his MBMG Group, including firms in the BVI, Mauritius, Singapore, and Thailand, are being sued for $3.5M in Bermuda by a U.S. client whose cash was invested in funds managed by the Belvedere Management Group, whose fraudulent operations were exposed by OffshoreAlert in 2015.
Bridge Holdings International Corp. et al v. Kristine Scotto et al: Third Amended Complaint
Third Amended Complaint in Bridge Holdings International Corp., of the British Virgin Islands, and Bridge Holdings USA LLC, as plaintiffs/counter-defendants v. Kristine Scotto, Primrose International LLC, SkyHop Global LLC, Allied SkyHop Inc., SkyHop Technologies Inc., and SkyHop Messenger LLC, SkyHop Fleet LLC, as defendants/counter-plaintiffs v. Pavan Taneja, International Financial Services Ltd., of Mauritius; Kiran Taneja, Lakshmi Taneja, and Shalina Tobin, additional counterclaim-defendants, at the Circuit Court in and for Miami-Dade County, Florida.
Rajindersingh Borthosow: Public Notice of Cancellation of Disqualification
Public Notice by the Mauritius Financial Services Commission regarding the cancellation of the disqualification of Rajindersingh Borthosow.
CFTC v. Yukom Communications Ltd. et al: Complaint
Complaint for "an illegal and fraudulent 'binary options' trading scheme" involving companies in Anguilla, Bulgaria, Cyprus, Gibraltar, Israel, Malta, Marshall Islands, Mauritius, Saint Vincent and the Grenadines, and the United Kingdom in Commodity Futures Trading Commission v. Yukom Communications Ltd., of Israel; Linkopia Mauritius Ltd., of Mauritius; Wirestech Limited, d.b.a. BigOption, of the Marshall Islands; WSB Investments Ltd., d.b.a. BinaryBrook, of Anguilla, Gibraltar, St. Vincent and the Grenadines, and the United Kingdom; Zolarex Ltd., d.b.a. BinaryOnline, of the Marshall Islands; Yakov Cohen, an Israeli residing in Israel and Mauritius; Yossi Herzog, of Israel; Lee Elbaz, of Israel, currently incarcerated in the USA, and Shalom Peretz, of Israel, at the U. S. District Court for the Northern District of Illinois.
Alexander Jackson et al v. Reade Griffith et al: Notice of Removal
Notice of Removal, including a copy of the complaint regarding an "Incentive Fee Reimbursement Plan" for "the many foreign nationals who manage the assets of Tetragon Fund, a multibillion dollar publicly traded entity incorporated in Guernsey", in Alexander E. Jackson, of Riverside, Connecticut; Jackson Descendants' 2002 Trust, and AEJ Holdco Ltd., of the Cayman Islands. individually and derivatively on behalf of Polygon Credit Holdings Limited, of the Cayman Islands, and Polygon Credit Management Holdings LP, of Delaware v. Reade E. Griffith, described as "a national of the United Kingdom and St. Kitts and Nevis"; Patrick G.G. Dear, a.k.a. Paddy Dear, of England; Greville Ward, described as "a United Kingdom national resident in Mauritius"; REG Holdco II Ltd., of the Cayman Islands; Polygon Credit Holdings Limited, of the Cayman Islands; Tetragon Financial Management GP LLC, of Delaware; Tetragon Financial Management LP, of Delaware; Jeffrey Herlyn, of Connecticut; Michael Rosenberg, of New Jersey; David Wishnow, of New Jersey; Griffith Descrndants' 2002 Trust, and HRW Holdings LLC at the U. S. District Court for the Southern District of New York.