Nov 22, 2023
More from Cyprus Confidential: The Texas oilman, the tropical island pension fund and a multimillion-dollar mystery
In 2006, Hushang Ansary — a former Iranian statesman turned U.S. oil tycoon — purchased a private pension fund and insurance company on the island of Curacao. Nearly two decades later, authorities say he drained the company’s assets. Plus, your Cyprus Confidential questions, answered; doubts over “sustainable” palm oil giant’s green claims; and Shakira’s tax fraud trial ends in just eight minutes.