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Bahamas investment fund faces winding-up over alleged $1.6bn asset diversion
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Bahamas investment fund faces winding-up over alleged $1.6bn asset diversion

opalesque
1 week ago
A Bahamas court is being asked to wind up FAEX Fund over allegations that at least $1.618bn in assets or value was diverted from Brazil's Banco Master and related companies into a multilayered corporate structure. The allegations have not been finally determined, while the petition argues alternativ...

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