StAR - Stolen Asset Recovery Initiative - Corruption Cases - M.S.

Capricorn Trading

10/18/12 1:25 AM

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M.S. Capricorn Trading

Jurisdiction of CV Incorporation / Formation: Jurisdiction of CV Incorporation / Formation (State / Province): Corporate Vehicle Type: Shell Entity?: Nonprofit?: Legal Owner (LO): LO relationship to Public Official: Manager of CV: Year of CV Incorporation / Formation: CV same jurisdiction as Public Official?: Jurisdiction of Bank Account : Jurisdiction of Bank of Account - state/province: Bank same jurisdiction as Public Official? : Bank same jurisdiction as CV? : CV Use / Role : No According to a 1999 US Senate Subcommittee on Investigations report into private banking, the entity was formed to conceal illicit bribery proceeds. Capricorn allegedly received $10 million in kickbacks in the ARY Gold case. In the Isle of Man decisions regarding Romina Properties and others, the corporate vehicle is also mentioned as Capricorn Trading S.A. Case Name: Jurisdiction of Bank Account #2: Jurisdiction of Bank of Account #2 - state/province: Bank name, account name #2: Jurisdiction of Bank Account #3: Jurisdiction of Bank of Account #3 - state/province: Bank name, account name #3: Jurisdiction of Bank Account #4: Jurisdiction of Bank of Account #4 - state/province: Bank name, account name #4: Jurisdiction of Bank Account #5: Jurisdiction of Bank of Account #5- state/province: Case Control Number: Bank Name, Account Name: Manager relationship to Public Official: Beneficial Owner (BO): Asif Ali Zardari / Benazir Bhutto (ARY Gold) United Arab Emirates Corporation Yes No Asif Ali Zardari Self Jens Schlegelmilch (Mr. Zardari and Mrs. Bhutto's Swiss attorney)

No

Citibank

141 Citibank Frontman (Jens Schlegelmich, Mr. Zardari's Geneva attorney)

Asif Ali Zardari

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http://star.worldbank.org/corruption-cases/node/19540

StAR - Stolen Asset Recovery Initiative - Corruption Cases - M.S. Capricorn Trading

10/18/12 1:25 AM

Actual legal form of CV Type per Jurisdiction: BO relationship to Public Official: CV established by: public official, professional intermediary, or frontman:

Private Investment Company Self Professional intermediary and frontman (Kamran Amouzegar, a private banker at Citibank private bank in Switzerland, and Jens Schlegelmilch, a Geneva attorney)

http://star.worldbank.org/corruption-cases/node/19540

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