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The Latest Breaking News from Cayman Islands

Goldman Sachs Pauses Relations With Sanctioned Oligarch Linked PE Firm: FT

Goldman Sachs Group (NYSE:GS) and Kirkland & Ellis halted new business with Pamplona Capital Management, the Financial Times reports. Sanctioned oligarch Mikhail Fridman's LetterOne investment group accounted for 80% of the funds of the $9 billion private equity firm. Waystone, a Cayman Islands firm, resigned from every role with Pamplona funds on…

Benzinga

Missfresh Arranges For $300M Funding Via Standby Equity Purchase Agreement

Missfresh Ltd (NASDAQ:MF) has entered into a Standby Equity Purchase Agreement (SEPA) with YA II PN LTD, a Cayman Islands exempt limited partnership managed by Yorkville Advisor Global LP. Missfresh will sell up to $300 million of Class B ordinary shares at any time, based on its funding requirement, during the 36 months…

Benzinga

Miami gold hauler cuts plea deal in huge South American-Caribbean money laundering case

MIAMI — A trucking company owner charged with playing a supporting role in a gold-smuggling scheme spanning South America, the Caribbean and South Florida pleaded guilty this week to submitting false customs documents that concealed the true origins of the gold being imported through Miami International Airport.

Miami Herald

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Vivek Doval denies Caravan reporter got in touch with him before publishing ‘The D-Companies’ article

The cross-examination of Vivek Doval—son of National Security Advisor (NSA) Ajit Doval—came to an end today at the Rouse Avenue District Court House Complex.

Newslaundry

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