Featured BVI

Former Ukrainian President Poroshenko Secretly Controlled Offshore Firms that Banked at Austria’s Raiffeisen

By Graham Stack, OCCRP, 3 May 2021 OCCRP — In the early 2010s, Petro Poroshenko — a billionaire who had just served a stint as Ukraine’s foreign minister, and would later be elected president — built a palatial estate for himself outside Kyiv. He just needed furnishings… Read More

Swiss money laundering probe eyes Lebanon central bank chief: report

From the British Virgin Islands to Geneva, Swiss prosecutors are tracking the suspected fund movements of Lebanon’s central bank chief Riad Salameh, a Swiss newspaper reported Tuesday. The Swiss attorney general’s office said in January it was investigating “aggravated money laundering… in connection with possible embezzlement to the detriment of”… Read More

Trump Tower Coverup Linked to Russian Chemical Weapons Program, Blacklisted German Firm

A company newly sanctioned by the U.S. over Alexei Navalny’s poisoning attack is tied to the money-laundering network that Natalia Veselnitskaya tried to cover up at the infamous 2016 Trump Tower meeting, according to financial records obtained by The Daily Beast. Now we know why Vladimir Putin was so… Read More
15th March 2021
By Holger Roonemaa and Oliver Kund, OCCRP, 12 March 2021 OCCRP — On a warm Monday morning in June 2014, two auditors from Estonia’s financial regulator stepped into the Tallinn office of Danske Bank, armed with a single piece of graph paper handwritten with the names of 18 of… Read More
15th March 2021
By Katya Bleszynska, InSight Crime, 9 March 2021 InSight Crime — A new investigative report shows Ponzi and pyramid schemes have proliferated across Caribbean countries during the pandemic, and authorities have been unable to keep up. The report — by the Caribbean Investigative Journalism Network (CIJN) —… Read More
11th February 2021
By Olesya Shmagun, OCCRP, 10 February 2021 OCCRP — A 33-year-old Russian man who runs no known profitable businesses secretly owns European real estate and other assets worth at least 50 million euros, corporate records from Luxembourg show. Sergey Toni’s properties, which he holds through seven… Read More
11th February 2021
The BVI’s ranking for financial secrecy has worsened in the last two years, according to the latest Financial Secrecy Index published by the Tax Justice Network (TJN). TJN publishes the index once every two years and ranks countries based on how much financial secrecy they supply to the world. The… Read More
26th January 2021
The shuffling of diplomats around the UK’s Caribbean territories rarely makes much of a splash. But Gus Jaspert ensured his last days as governor of the British Virgin Islands would be remembered. In an emotional Facebook video post to the BVI’s 30,000 inhabitants, he accused the country’s government… Read More
19th January 2021
Allegations of widespread political corruption, misuse of taxpayer’s money and a climate of fear in the British Virgin Islands have led its governor to take the extraordinary step of establishing an independent judge-led inquiry into the claims. Gus Jaspert, the British-appointed BVI governor, with the personal backing of the… Read More
12th January 2021
Toronto-Dominion Bank will defend itself in a trial starting in a Canadian court on Monday in which liquidators of the collapsed Antigua bank of former Texas financier Robert Allen Stanford are seeking $5.5 billion in damages. The joint liquidators of Stanford International Bank (SIB) allege “negligence and knowing assistance” by… Read More
1st January 2021
“Meet Tal Dilian, one of the oldest hands in the often murky world of cyber surveillance. The ex-Israeli intelligence officer is showing us one of his new toys, a 9 million dollar van full of NSA level surveillance kit that he claims can hack a smartphone and snoop on all… Read More
23rd December 2020
The High Court has ordered that an £11 million London flat believed to be owned by the former prime minister of Mongolia cannot be sold or transferred during an international £185 million corruption and money-laundering investigation. Sukhbaatar Batbold, the prime minister of Mongolia between 2009 and 2012, has been accused… Read More
22nd December 2020
Governor Augustus Jaspert is advising that it is in the BVI’s best economic interest to implement publicly accessible registers in accordance with a new draft order released by the United Kingdom. Last week, Britain published a draft order that outlines the guidelines OTs must abide by as they all move to… Read More