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The BVI company was in turn placed in the ownership of an offshore trust, the London Trust, set up in the far-flung Cook Islands, in the Pacific, with Rockowitz himself named as the trust's beneficiary.
Nuevitas in turn controlled an offshore trust called Trigon, of which Soetan was the beneficiary.
▶ It is better to be made redundant than to have an offshore trust fund.
In an e-mail message, he compared the use of an offshore trust to a company's decision to incorporate in Delaware rather than some other state.
Mr Argand is a trustee of an offshore trust set up by Mr Ecclestone's Croatian second wife as part of an elaborate tax-avoidance scheme (see diagram 2).
Her late husband, Bernard Ashley, then set up an offshore trust in 1985, after Laura's death, and after the company went public.
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His wife and his three children, Sam, Jake and Emily (who runs a fashion shop in Notting Hill, west London), also appear as past beneficiaries of a offshore trust in the Channel Islands.
He was the only serving EU minister to be found owning an opaque offshore trust.
The family are engaged in a dispute over shares in a £100m offshore trust fund.
U.S. Commerce Secretary Wilbur Ross' business ties to Russian President Vladimir Putin's family confirmation that the Kremlin was interested in investing early on in Twitter and Facebook evidence showing that a single offshore trust fund based in Bermuda could be worth a fortune of $35 billion by 2030.
Mizzi set up a secret offshore trust in New Zealand, receiving help from Keith Schembri, Muscat's chief of staff.
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