Kuala Lumpur: The Offshore Leaks Database published by the International Consortium of Investigative Journalists (ICIJ) suggests that several members of the KNM Group Bhd Board of Directors were once secret owners and directors of several suspicious offshore companies. KNM is a Malaysian publicly traded entity on the KLSE.
German authorities have raided Deutsche Bank headquarters with more than 100 police and officials in connection with an investigation into money laundering through its subsidiary offshore BVI company, REGULA LIMITED. According to the Offshore Leaks Database, REGULA LIMITED controlled several offshore companies, allowing the bank to move vast amounts of potentially dirty money unchecked and unreported through international financial institutions.
German prosecutors are actively pursuing this money-laundering investigation involving Deutsche Bank, which now includes raids on several wealthy former clients. With many years of financial transactions for investigators to scrutinize and new evidence being exposed during the investigation, this case will likely expand in scope across the globe for many years to come.
Active Nobile Incorporated, a REGULA LIMITED subsidiary revealed by the ICIJ database, is jointly owned and controlled by key and controlling members of the Executive Management and Board of Directors of KNM Group Bhd.
Lee Swee Eng is shown as both a shareholder and director of Active Nobile Incorporated. He is also the founder and the Group Managing Director of KNM Group Bhd since the company’s inception, according to the KNM corporate website.
Gan Siew Liat, another director and shareholder of Active Nobile Incorporated, is an Executive Director of KNM, according to the KNM corporate website. Both Lee Swee Eng and Gan Siew Liat are directors of the KNM Group Bhd Board of Directors and primary decision-makers at the company.
Kuala Lumpur: The Offshore Leaks Database published by the International Consortium of Investigative Journalists (ICIJ) suggests that several members of the KNM Group Bhd Board of Directors were once secret owners and directors of several suspicious offshore companies. KNM is a Malaysian publicly traded entity on the KLSE.
German authorities have raided Deutsche Bank headquarters with more than 100 police and officials in connection with an investigation into money laundering through its subsidiary offshore BVI company, REGULA LIMITED. According to the Offshore Leaks Database, REGULA LIMITED controlled several offshore companies, allowing the bank to move vast amounts of potentially dirty money unchecked and unreported through international financial institutions.
German prosecutors are actively pursuing this money-laundering investigation involving Deutsche Bank, which now includes raids on several wealthy former clients. With many years of financial transactions for investigators to scrutinize and new evidence being exposed during the investigation, this case will likely expand in scope across the globe for many years to come.
Active Nobile Incorporated, a REGULA LIMITED subsidiary revealed by the ICIJ database, is jointly owned and controlled by key and controlling members of the Executive Management and Board of Directors of KNM Group Bhd.
Lee Swee Eng is shown as both a shareholder and director of Active Nobile Incorporated. He is also the founder and the Group Managing Director of KNM Group Bhd since the company’s inception, according to the KNM corporate website.
Gan Siew Liat, another director and shareholder of Active Nobile Incorporated, is an Executive Director of KNM, according to the KNM corporate website. Both Lee Swee Eng and Gan Siew Liat are directors of the KNM Group Bhd Board of Directors and primary decision-makers at the company.