Why is the US Treasury Reviewing This Investment? ... Manus AI is reportedly incorporated in the Cayman Islands ... The use of offshore structures like incorporation in the Cayman Islands is a common practice for Chinese companies seeking foreign capital.
“A plan beats no plan.” ... So too was Carney’s discomfort in answering persistent questions about decisions to move investments to offshore accounts in the Cayman Islands while working as an executive at investment firm Brookfield... .
... leadership allegedly “borrowed” what was supposed to be the state’s matching share from an offshore account tied to a Cayman Islands trust, originally set up to cover the medical center’s legal bills.
Compared to other offshore hubs (like the Cayman Islands or BVI), Seychelles offers affordable setup and renewal costs. ... Open bank accounts in multiple jurisdictions (including offshore banks in Belize, Mauritius, or Switzerland).