Bacardi LTD. Shares on wrong tracks

Sometimes the new finding is that there is none. Until this day, neither a contract justifying the transfer of assets or shares from Lord Luis Bacardi to a previous trust structure (Firstinvest/Primeinvest), from which the shares were transferred to the null & void Bastille Trust, could be found, nor could the trustees provide one.

This makes one wonder what the good practice threshold of business is in Liechtenstein. It is frightening that without clear proof, even assets worth billions can be moved from one place to the other, solely upon initiative of legal advisors, but with no express deed, verified by a notary.