Pakistan

United Arab Emirates-based airline Air Arabia PJSC is being sued for more than $700 million in the Cayman Islands for allegedly "knowingly" participating in a massive fraud by the failed Abraaj Group, which was also based in the UAE.

Writ of Summons and Statement of Claim in Simon Conway, Anthony Manton, and Mohammed Farzadi, as Joint Official Liquidators of Abraaj Holdings (in Official Liquidation) and Abraaj Holdings (in Official Liquidation) v. Air Arabia PJSC, of United Arab Emirates, at the Grand Court of the Cayman Islands.

Complaint alleging "the imminent breach of a Protective Order that is binding on both parties to this Action" and "relates to a litigation pending in Bermuda where over $10 million is at stake" in Zia Chishti, described as "a dual citizen of the United States and Pakistan" v. Afiniti Inc. at the U.S. District Court for the District of Columbia.

Write of Summons and Statement of Claim in Mashreqbank PSC, of the United Arab Emirates; Keiran Hutchison, as Receiver, and Hani Bishara, as Receiver v. KES Power Ltd., of the Cayman Islands, and Sage Venture Group Limited, of the British Virgin Islands, at the Grand Court of the Cayman Islands.

Writ of Summons and Statement of Claim in Shan-E-Abbas Ashary, Al Jomaih Power Limited, and Denham Investment Ltd. v. KES Power Limited, IGCF SPV 21 Limited, KP Corporate Director Ltd., Mark Skelton, of London, England; Shaheryar Arshad Chishty, of Pakistan; Darin Daniel Baur, of Hong Kong, and Adeeb Ahmad, of Dubai, United Arab Emirates, at the Grand Court of the Cayman Islands.

Winding Up Petition in IGCF SPV 21 Limited, described as a Cayman Islands company "incorporated by ABRAAJ Investment Management Limited, a company now in liquidation, on behalf of The Infrastructure & Growth Capital Fund Limited Partnership" v. KES Power Limited at the Grand Court of the Cayman Islands.

Application by N.P.S.SF. Debt Co., S.à.r.l., of Luxembourg, to take discovery from Standard Chartered Bank, Citigroup, d.b.a. Citibank; The Bank of New York Mellon Corporation, Bank of America, N.A., JPMorgan Chase Bank, N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, HSBC Bank, Société Générale, UniCredit Bank AG, Credit Suisse Bank N.A., UBS Group AG, Wells Fargo Bank, N.A., The Clearing House Payments Company L.L.C., Bank of China, BNP Paribas USA, Commerzbank AG, Mashreq Bank PSC, and Habib American Bank for use in legal proceedings in Germany, India, Marshall Islands, Pakistan, St. Kitts & Nevis, and United Arab Emirates regarding an alleged $36.6 million fraud by Muhammad Tahir Lakhani and Muhammad Ali Lakhani, both described as residents of Dubai, UAE, and Pakistan, and their Astir Group, filed at the U.S. District Court for the Southern District of New York.

Application by Telegraph Media Group Limited, described as "the publisher of The Daily Telegraph and The Sunday Telegraph in London", to take discovery from Michael Zweig for use in "a defamation action" in England filed by Muhammad Ziaullah Khan Chishti, a.k.a. Zia Chishti, described as "an entrepreneur with citizenship of the United States and Pakistan", regarding "allegedly false statements made in two articles from a series that it published about public testimony given by Tatiana Spottiswoode to the United States House of Representatives Judiciary Committee", filed at the U.S. District Court for the Southern District of New York.

Director Details for IGCF General Partner Limited, obtained from the Cayman Islands General Registry on June 22nd, 2023.

Originating Summons seeking "true and full information regarding the state of the business and financial condition of the Infrastructure and Growth Capital Fund L.P." in White Crystals Ltd. v. IGCF General Partner Ltd. at the Grand Court of the Cayman Islands.

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Amended Memorandum of Law in support of Amended Application by the Joint Official Liquidators of ABRAAJ Investment Management Limited, of the Cayman Islands, to take discovery from Bank of America, N.A., The Bank of New York Mellon, Citibank, N.A., Deutsche Bank AG, New York Branch; Deutsche Bank Trust Company Americas, Goldman Sachs and Co., HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Mashreqbank PSC, New York Branch; Standard Chartered Bank US, a.k.a. Standard Chartered Bank, New York Branch; Wells Fargo Bank N.A., Barclays Bank PLC, New York Branch; Société Generale North America; BNP Paribas USA Inc.; Bank of Nova Scotia, UBS AG, New York Branch, Commerzbank AG, New York Branch; and The Clearing House Payments Company LLC for use in legal proceedings in the Cayman Islands regarding an alleged $385 million fraud by Pakistan citizen Asif Masood Naqvi, filed at the U. S. District Court for the Southern District of New York.

Complaint "to enjoin an arbitration recently commenced by Defendant – a self-described 'inventor, investor, and leader of technology businesses'" in The Resource Group International Limited, TRG Pakistan Limited, Mohammed Khaishgi, and Hasnain Aslam v. Muhammad Ziaullah Khan Chishti, a.k.a. Zia Chishti, at the U.S. District Court for the Southern District of New York.

Claim Form in Transcience Investments Limited v. Greentown Holdings (BVI) Inc., Asiapak Investments Limited, and Shaheryar Arshad Chishty at the British Virgin Islands High Court.

Complaint alleging, inter alia, that Muhammad Ziaullah Khan Chishti, a.k.a. Zia Chishti, and his wife, Sarah Pobereskin, "set up an array of companies based in China, Pakistan, and elsewhere to improperly convert and commercially exploit Afiniti Trade Secrets" in Afiniti Ltd., of Bermuda, and Afiniti Inc., of Delaware, both part of a group that "provides applied artificial intelligence services and other technologies to help its clients improve interactions in contact centers, such as call centers" v. Muhammad Ziaullah Khan Chishti, "born Wilson Dewy Lear", described as "a dual citizen of the United States and Pakistan"; Qinhe (Hainan) Intelligent Technology Ltd., of China; Isbei Ltd., of the Cayman Islands; Isbei (Hainan) Technology Co. Ltd., of China; Isbei AI (Private) Ltd., of Pakistan, and Sarah Pobereskin, described as "a dual citizen of the United States and the United Kingdom", at the U.S. District Court for the District of Columbia.

Director Details for Al Jomaih Power Limited, obtained from the Cayman Islands General Registry on February 1st, 2023.

Originating Summons in IGCF SPV 21 Limited v. Al Jomaih Power Limited and Denham Investment Limited at the Grand Court of the Cayman Islands.

Application by N.P.S.SF. Debt Co. Sàrl, of Luxembourg, to take discovery from Standard Chartered Bank, Citigroup, d.b.a. Citibank; The Bank of New York Mellon Corporation, Bank of America N.A., JPMorgan Chase Bank N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, HSBC Bank, Société Générale, UniCredit Bank AG, Credit Suisse Bank N.A., UBS Group AG, Wells Fargo Bank N.A., The Clearing House Payments Company L.L.C., Bank of China, BNP Paribas USA, Commerzbank AG, Mashreq Bank PSC, and Habib American Bank for use in legal proceedings in Germany, India, Marshall Islands, Pakistan, Saints Kitts and Nevis, and United Arab Emirates, filed at the U.S. District Court for the Southern District of New York.

Complaint involving he provision of services in Afghanistan in New Constellis Holdings Inc., described as a Delaware-domiciled "holding company for a variety of companies providing inter alia international security services and training" v. National Bank of Pakistan at the U. S. District Court for the Southern District of New York.

Public Notice by the Malta Financial Services Authority that it has imposed an administrative fine of €3,500 on Lecocqassociate Ltd. for a regulatory breach.

Amended Application by the Joint Official Liquidators of ABRAAJ Investment Management Limited, of the Cayman Islands, to take discovery from Bank of America, N.A., The Bank of New York Mellon, Citibank, N.A., Deutsche Bank AG, New York Branch; Deutsche Bank Trust Company Americas, Goldman Sachs and Co., HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Mashreqbank PSC, New York Branch; Standard Chartered Bank US, a.k.a. Standard Chartered Bank, New York Branch; Wells Fargo Bank N.A., Barclays Bank PLC, New York Branch; Société Generale North America; BNP Paribas USA Inc.; Bank of Nova Scotia, UBS AG, New York Branch, Commerzbank AG, New York Branch; and The Clearing House Payments Company LLC for use in legal proceedings in the Cayman Islands regarding an alleged $385 million fraud by Pakistan citizen Asif Masood Naqvi, filed at the U. S. District Court for the Southern District of New York.

Cayman Islands hedge fund VR Global Partners is seeking evidence from U.S. lawyer Stuart Newberger for litigation in the Isle of Man in which it claims to have not received its share of $28.7 million of alleged proceeds from legal claims against the Pakistan Government.

Application by VR Global Partners LP, of the Cayman Islands, to take discovery from Stuart Newberger, described as "a partner in the law firm of Crowell & Moring", for legal proceedings in the Isle of Man involving Broadsheet LLC (in Liquidation) and claims against the Government of Pakistan, filed at the U. S. District Court for the District of Columbia.

Application by Tethyan Copper Company Pty Limited, of Australia, to take discovery from Aimbridge Hospitality LLC, Norton Rose Fulbright US LLP, and White & Case LLP for use in legal proceedings in the British Virgin Islands that "arise from an arbitral award worth more than $6 billion made on July 12, 2019 under the auspices of the International Centre for the Settlement of Investment Disputes in TCC's favor against the Islamic Republic of Pakistan", filed at the U. S. District Court for the Southern District of New York.

Complaint under the Anti-Terrorism Act alleging the defendant bank "provided financial support to the al-Qaeda Terror Syndicate by providing banking services and payments to terrorists, terrorist groups, and terrorist fundraisers" in Kathleen Alexander et al v. Habib Bank Limited, described as "the largest commercial bank in Pakistan", at the U. S. District Court for the Southern District of New York.

Claim Form for recognition of a $6.2 billion arbitration award in Tethyan Copper Company Pty Limited, of Perth, Australia v. Islamic Republic of Pakistan and Pakistan International Airways Corporation Limited at the British Virgin Islands High Court.

Order Recognizing Arbitration Award in Tethyan Copper Company Pty Limited, of Australia v. Islamic Republic of Pakistan, Pakistan International Airways Corporation Limited, PIA Investments Limited, Minhal Inc., Virgin Islands Registrar of Companies, Citco BVI Limited, and Harneys Corporate Services Limited at the British Virgin Islands High Court.

Order for the Appointment of a Receiver for PIA Investments Limited, Minhal Inc., and PIA Hotels Limited and for a Provisional Charging Order in Tethyan Copper Company Pty Limited, of Australia v. Islamic Republic of Pakistan, Pakistan International Airways Corporation Limited, PIA Investments Limited, Minhal Inc., Virgin Islands Registrar of Companies, Citco BVI Limited, and Harneys Corporate Services Limited at the British Virgin Islands High Court.

Originating Application in the matter of C2 Limited at the Grand Court of the Cayman Islands.

The liquidators of ABRAAJ Investment Management Ltd. have applied to take discovery from 17 banks and a clearing house in the U.S. for "contemplated litigation" in the Cayman Islands to recover more than $385 million allegedly misappropriated by the Dubai-based ABRAAJ Group's founder, Arif Naqvi.

Application by the Joint Official Liquidators of ABRAAJ Investment Management Limited, of the Cayman Islands, to take discovery from Bank of America, N.A., The Bank of New York Mellon, Citibank, N.A., Deutsche Bank AG, New York Branch; Deutsche Bank Trust Company Americas, Goldman Sachs and Co., HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Mashreqbank PSC, New York Branch; Standard Chartered Bank US, a.k.a. Standard Chartered Bank, New York Branch; Wells Fargo Bank N.A., Barclays Bank PLC, New York Branch; Société Generale North America; BNP Paribas USA Inc.; Bank of Nova Scotia, UBS AG, New York Branch, Commerzbank AG, New York Branch; and The Clearing House Payments Company LLC for use in "contemplated proceedings" regarding an alleged $385 million fraud by Pakistan citizen Asif Masood Naqvi at the Grand Court of the Cayman Islands, filed at the U. S. District Court for the Southern District of New York.

Notice of Removal, including a copy of the complaint alleging professional malpractice regarding a proposed transaction involving Warid Telecom International, of the United Arab Emirates, in Elko Broadband Ltd., of Reno, Nevada v. HaiderMota BNR, described as a law firm in Pakistan, and A.F. Ferguson & Company, described as an accounting firm in Pakistan, at the U. S. District Court for the District of Nevada.

Application by YS GM Marfin II LLC, YS GM MF VII LLC, YS GM MF VIII LLC, YS GM MF IX LLC, and YS GM MF X LLC to take discovery from The Clearing House Payments Company LLC, Bank of America, Bank of China, The Bank of New York Mellon, BNP Paribas USA, Citibank, Commerzbank AG, Deutsche Bank Trust Company Americas, HSBC Bank USA, JPMorgan Chase Bank, Societe Generale, Standard Chartered Bank, UBS AG, and Wells Fargo Bank for use in "pending and contemplated proceedings" in England, Malaysia and other countries regarding "a brazen $89.2 million multinational maritime fraud" allegedly by Muhammad Tahir Lakhani, and his two sons, Muhammad Ali Lakhani and Muhammad Hasan Lakhani, who are described as "British and Pakistani dual nationals ordinarily resident in England, Pakistan and//or the United Arab Emirates", and involving several jurisdictions, including Nevis, Marshall Islands, Palau, and Panama, filed at the U. S. District Court for the Southern District of Florida.

Petition for restoration and winding-up regarding a claim for $199 million in ABRAAJ Investment Management Limited (in Official Liquidation) v. Silverline Holdings Limited, whose sole shareholder was allegedly Arif Masood Naqvi, a citizen of Pakistan, at the Grand Court of the Cayman Islands.

Petition for Removal, including a copy of a complaint alleging securities fraud, in Elko Broadband Ltd., of Nevada v. Dhabi Holdings PJSC, of Abu Dhabi, UAE; Warid Telecom International LLC, of Abu Dhabi, UAE; Dominique Russo, "a United States Citizen who is a resident of the UAE", and Wateen Telecom Limited, of Pakistan, at the U. S. District Court for the District of Nevada.

Petition to Enforce Arbitral Award of $4 billion in Tethyan Copper Company Pty Limited, of Australia v. Islamic Republic of Pakistan at the U. S. District Court for the District of Columbia.

Decision Notice by the Dubai Financial Services Authority imposing penalties for dishonesty on Dr. Mubashir Ahmed Sheikh regarding MAS ClearSight Ltd., of which Sheikh was chairman, director and acting Senior Executive Officer. Editor's Note: Mubashir Ahmed Sheikh currently operates CS Global Capital SA, of Switzerland, which is "a multi-line Investment Banking, Private Equity and Real Estate Advisory Business", according to its website at http://csglobalcapital.com.

Fixed Date Claim Form in the matter of PIA Investments Limited at the British Virgin Islands High Court.

Amended Fixed Date Claim Form in the matter of PIA Investments Limited at the British Virgin Islands High Court.

Ex Parte On Notice Originating Summons in Butterfield Fiduciary Services (Cayman) Limited, as Trustee of the Orchid II Trust v. Syed Arif Masood Naqvi, founder of the Abraaj Group and a convicted fraudster in the United Arab Emirates; Fayeeza Naqvi, Syed Ashan Ali Naqvi, and Syed Faaris Ali Naqvi, as Members of the Family Committee of the Orchid II Trust, at the Grand Court of the Cayman Islands.

Duff & Phelps officer Mark Skelton, who has apparently been hired to recover assets by investors in a fund managed by $956 million-insolvent ABRAAJ Investment Management, has taken legal action in the Cayman Islands in an attempt to gain access to corporate records.

Fixed Date Claim Form in Assim A. Siddiqui and Sharife A. Siddiqui v. Myrna Herbert, in her capacity as Registrar of Corporate Affairs, regarding Millennium Technologies Global Limited  at the British Virgin Islands High Court.

Complaint to enforce arbitration award in Karkey Karadeniz Elektrik Uretim A.S. v. Islamic Republic of Pakistan at the U. S. District Court for the District of Columbia.

Transcript of Hearing on Motion to Compel in Broadsheet LLC v. The Estate of Edgar Jerome James, a.k.a. Jerry James; Steeplechase Advisors LLC, a.k.a. Steeplechase Financial Services LLC and Steeplechase Capital LLC; Broadsheet LLC, Sovereign Corporate & Fiscal Services (Colorado) LLC, and Douglas M. Tisdale, Sr. at the U. S. District Court for the District of Colorado.

Fixed Date Claim Form in Cobussen Principal Investment Holdings Limited v. Heathcliff Overseas Limited at the British Virgin Islands High Court.

Notice of Removal in Passport Special Opportunities Master Fund, L.P. v. ARY Communications Ltd., Haji Mohammad Iqbal, Mohammad Mehboob, Mohammad Salman Iqbal, Hajra Shafi, and Haji Jan Mohammad at the U. S. District Court for the Eastern District of New York.

Writ of Summons Jamal Ramzan v. Freetech Services Ltd. at the Grand Court of the Cayman Islands.

Complaint for the extradition of Abbas Makhdoom from the USA to Sweden to face a charge of aggravated assault.

Letter from Syed Asadullah Kazmi falsely claiming that he was "found not to be involved" in the Cayman Islands-based First Cayman Bank fraud.

Claim Form in Zorin Sachak Khan, Afaque Ahmed Khan, and Sasheen Anwar v. Harneys Corporate Services Limited, Maly Group S.A., V M Immobilien (BVI) Ltd., European Commodities Limited, Schweizer Holdings, S.A., Wiltshire Investments Holding Limited, Barts Racing & Sports Limited, V M Point S.A., H M Developments Limited, Jolanta Investments Limited, Schweizer Hotels S.A., and V M Immobilien S.A. at the British Virgin Islands High Court.