Paris Court of Appeal backs Cyprus government in Fbme case
Τhe Paris Court of Appeal has dismissed an application for the annulment of an International Arbitral Award, finding in favour of the Republic of Cyprus...
FBME
Akel: Taxpayer to pay millions for wrong closure of FBME bank
Main opposition Akel have hammered the government over its decision to shutter Tanzania-based FBME bank some seven years ago, following a court ruling here last...
Seven years since FBME Bank shuttered, stricken depositors still in limbo
‘We are told nothing and several people in the UK have taken their own lives because of what is being done to them’ It has...
Paris court rules in favour of Cyprus in FBME case (updated)
The Paris-based arbitration court of the International Chamber of Commerce on Tuesday ruled in favour of the Republic of Cyprus in an appeal filed against...
Documents link Klyuev to FBME accounts of Altem and Zibar (Updated)
Dmitry Klyuev, the sanctioned Russian bank owner considered by the US as the mastermind of a tax fraud uncovered by Sergei Magnitsky, had indeed banked...
Klyuev, Pavlov not among bank’s customers, FBME owners say
By Stelios Orphanides The former owners of FBME Bank, the Tanzanian lender branded by US authorities as a financial institution of primary money laundering concern, said...
Japanese company, FBME hit by multi-million fraud lawsuit
A legal storm is brewing around several entities and individuals, based in various jurisdictions around the world, implicated in an alleged massive money-laundering case also...
Curtain falls for FBME as court denies request for rehearing
A US appeals court rejected the application of the owners of Tanzania’s FBME Bank for a rehearing of their rejected appeal on Tuesday. “Upon consideration...
FBME reinstate Cayman holding company, request rehearing
The owners of the Tanzania-based FBME Bank filed a petition at a US court requesting a fresh hearing of an appeal, which was rejected because the...
US court rejects appeal as FBME was and is “a legal nullity”
A US appellant court ordered the dismissal of an appeal by FBME Ltd, the holding company of Tanzania’s FBME Bank Ltd, against an April court...
