Panama Papers - Chetan Kapur and Kabir Kapur 6

8/16/2019 Panama Papers - Chetan Kapur and Kabir Kapur 6

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Mossfon Building

54th E. Street, Panama

Tel. +507 2055888 ext 277

www.mossfon.com

ISO 9001 : 2008 CERTIFIED HEAD OFFICE

We value your feedback!

[email protected]

From: kabir kapur [mailto:[email protected]]

Sent: lunes, 27 de octubre de 2014 03:13 p.m.

To: Edison Teano - Lawyer

Cc: Edison Teano - Lawyer; Jaqueline Alexander - Executive Assistant

Subject: RE: URGENT/2320039

Hi Jacqueline -

The POA change was from me, Chetan was simply following up with you due totime differences. Can you please provide me a copy of the draft sent to

the bank, and going forward please can you BCC or CC on all correspondence

with the bank (as will be more efficient).

All other items are noted, and I await speedy completion.

I sent you the response to the 18th Sept email via separate email as you

were not CC on that email. Basically I need the last newsletter of Denholm

Hall and HM Ruby funds at this point (Point 4 needs follow up with the

bank).

I thought the funds instruction was sent Wednesday, as you know I sent it

the prior Saturday. Either way I urgently await the funds.

Best,

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

At 27 Oct 2014 01:54:59 +0000 (UTC) from Mossfon Trust Corporation

:

Dear Mr. Kapur:

Thank you for your message.

Kindly note we instructed the transfer of funds to our Escrow Account on

Thursday. As soon as they arrive, we will proceed to send these funds to

your account.

On the other hand, we have completed the onling banking access forms and

we have proceeded to obtain the relevant signatures on behalf of the

Foundation Council. As soon as ready, we will send you a scanned copy so

you can provide us with a full executed form to be sent to the Bank.


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Lastly, we have sent the bank a draft of POA (with the suggested text from

Mr. Chetan Kapur) for their approval. Once we receive their comments we

will revert to you.

We take this opportunity to attach our message sent on 18th September,

2014 with some comments received from the bank (highlighted in red color).

Kindly let us know your comments on this matter.

Do not hesitate to contact us should you require further assistance.

Saludos / Kind regards,

Jaqueline Alexander

Executive Assistant

MOSSACK FONSECA & CO. (PANAMA)

Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com ISO 9001 : 2008 CERTIFIED HEAD OFFICE


[email protected]


Sent: viernes, 24 de octubre de 2014 09:03 p.m.

To: Edison Teano - Lawyer; kabir kapur; Jaqueline Alexander - Executive

Assistant

Subject: URGENT

Importance: High

Dear Edison/ Jacqueline -

When can the loan monies be expected? It has not arrived as of yet?

Please can you also advise on the status of the POA and the online access?

I do need atleast 8 weeks of access with the bank so appropriate

investment decisions can be made, thus please lets get the POA resolved

this week - so I may speak to the bank asap.

Please take these matters as urgent. thanks

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

At 22 Oct 2014 22:54:13 +0000 (UTC) from kabir kapur

:


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Dear Jacqueline -

Can you please follow up with the bank and the escrow agent so that the

funds arrive this week. I had sent the signed documents on Saturday with

follow up so this could be processed this week.

thanks

--KABIR KAPUR.

MUMBAI-INDIA.

9820022088

At 22 Oct 2014 12:21:28 +0000 (UTC) from Jaqueline Alexander - Executive

Assistant :

Dear Mr. Kapur:

The instructions are being sent to the bank this morning.

We will send you copy of the swift as soon as available.

On the other hand, we will send you copy of the full executed agreement by

the end of this day.


Jaqueline Alexander

Executive Assistant


Mossfon Building

54th E. Street, PanamaTel. +507 2055888 ext 277

www.mossfon.com



[email protected]


Sent: martes, 21 de octubre de 2014 05:37 p.m.

To: Edison Teano - Lawyer; Jaqueline Alexander - Executive Assistant

Subject: RE: RE: Signed agreements.

Please confirm instruction has been sent as require the funds this week.

thanks


:

Dear Jacqueline/Edison -


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Please can you send me the fully executed loan agreement for my files, and

confirm instruction has been sent to the bank. thanks

Kind Regards,

Kabir

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

At 18 Oct 2014 06:53:36 +0000 (UTC) from Kabir Kapur

:

Dear Edison/Jaqueline-

Please find enclosed signed agreements.

Best Regards,

Kabir Kapur.


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RESOLUTION OF THE SOLE MEMBER OF THE FOUNDATION COUNCIL OF FAMILYAND CHILDREN CHARITABLE FOUNDATION

Resolution of the Sole member of the Foundation Council of FAMILY AND CHILDRENCHARITABLE FOUNDATION, given at Mossfon Building, Second Floor, East 54

th Street,

Panama City, Republic of Panama on the 24th day of October, 2014 at 9:00 a.m.

NOTICE: Notice was waived by all persons entitled thereto.

PRESENT: The sole member of the Foundation Council, there being thus the requiredquorum, to wit:

FOUNDATION MEMBERSHIP INC.represented by Francis Pérez and Imogene Wilson

IT WAS RESOLVED:

To appoint Mr. Kabir Kapur , holder of passport No.K3515076 with domicle at 402

Lakeview 2, Royal Palms, Aarey Milk Colony, Goregaon East, Mumbai-400065, India tohave access to all account information that is available to the Principal including but notlimited to account statements, information/newsletters/corporate actions on underlyinginvestments, online access, advisory information from the bank and relationship manager.

However, this Power of Attorney in particular does not extend the right to rent safe depositboxes, to withdraw assets in whole or in part (such as initiating payment to third parties or tohimself, cash withdrawals), to pledge assets, neither for the account of the Principal nor anythird party nor for his own account, or to take up loans.

This Power of Attorney does not provide signatory authority over the account to Mr. Kabir

Kapur.

IN WITNESS WHEREOF the above resolutions were given on this twenty fourth (24th) day

of October, 2014 in the City of Panama, Republic of Panama.

______________________________________Francis Pérez and Imogene Wilson

representing FOUNDATION MEMBERSHIP INC.Sole member of the Foundation Council of FAMILY AND CHILDREN CHARITABLE

FOUNDATION


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From: Edison Teano - Lawyer

To: Jaqueline Alexander - Executive Assistant

Date: Nov 6, 2014, 7:13 AM

Subject: FW: RE: Loan Proceeds / URGENT

Attachment(s): 2

Jaque,

Aquí ya Kabir está más calmado, pero sería importante que FT verifique

dónde están los fondos y si ya están en escrow que procedan con la

transferencia lo antes posible.

Saludos,

Edison Teano, TEP

Lawyer


Mossfon Building


Tel. +507 206-9490 thru 507 206-9499 ext 212

www.mossfon.com



[email protected]


Sent: miércoles, 05 de noviembre de 2014 04:00 a.m.


Subject: RE: RE: Loan Proceeds / URGENT

Dear Edison -

The best you can follow up with Vontobel and the escow agent prior to

Thursday is appreciated, as the funds were needed in October. I emphasised

urgency often via emails and even had Chetan follow up repeatedly as he is

in your time zone.

We are being assessed $200 in late fees, plus interest charges for late

payments at this point.

Please do your best so we can receive the funds by Friday at latest.

thanks

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

mailto:[email protected]:[email protected]


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At 4 Nov 2014 22:40:35 +0000 (UTC) from Edison Teano - Lawyer

:

Dear Mr. Kabir,


We apologize for this situation. Last week we were also following up this matter with the bank. Our Financial Team informed to us on Friday last

week that the funds were not yet reflected in our escrow account in

Bahamas. They were going to communicate with the Vontobel bank to clarify

this as the instructions were given to the bank by or before the 23rd of

October, but due to the holidays I have not received the results of this

investigation.

I am not currently in Panama, but I am communicating with our office to

try to verify with the bank if the amounts were received this week. Our

office will reopen on Thursday and we will be able to actions this matter

and transfer the funds once they are received in our escrow account.

We will keep you informed once this matter is solved.

Kind regards,

Edison Teano, TEP

Lawyer


Mossfon Building


Tel. +507 206-9490 thru 507 206-9499 ext 212

www.mossfon.com



[email protected]


Sent: lunes, 03 de noviembre de 2014 04:44 p.m.

To: Edison Teano - Lawyer; Kabir Kapur; Jaqueline Alexander - Executive

Assistant

Subject: Loan Proceeds / URGENT

Importance: High

Dear Edison -

The loan proceeds that were to have arrived in October, per the signed

documents provided on October 18, are still not received.

This is creating an urgent issue as bills need to be paid, and late fees

are being assessed/issues created. I have repeatedly followed up on this

item and expressed urgency.

Please coordinate such that this gets processed by tomorrow. I am being


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told that your offices are closed till November 6 on voicemail. I have

tried your cell but get voicemail too.

I assume this may be a holiday period, but I had repeatedly followed up

with Jacqueline and you on this in October so that proceeds would arrive

by the 24th October.

Thank you for your immediate attention to this item.

Kind Regards,

Kabir


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From: Edison Teano - Lawyer

To: Jaqueline Alexander - Executive Assistant

Date: Nov 6, 2014, 7:13 AM

Subject: FW: RE: Loan Proceeds / URGENT

Attachment(s): 2

Jaque,

Aquí ya Kabir está más calmado, pero sería importante que FT verifique

dónde están los fondos y si ya están en escrow que procedan con la

transferencia lo antes posible.

Saludos,

Edison Teano, TEP

Lawyer


Mossfon Building


Tel. +507 206-9490 thru 507 206-9499 ext 212

www.mossfon.com



[email protected]


Sent: miércoles, 05 de noviembre de 2014 04:00 a.m.


Subject: RE: RE: Loan Proceeds / URGENT

Dear Edison -

The best you can follow up with Vontobel and the escow agent prior to

Thursday is appreciated, as the funds were needed in October. I emphasised

urgency often via emails and even had Chetan follow up repeatedly as he is

in your time zone.

We are being assessed $200 in late fees, plus interest charges for late

payments at this point.

Please do your best so we can receive the funds by Friday at latest.

thanks

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

mailto:[email protected]:[email protected]


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At 4 Nov 2014 22:40:35 +0000 (UTC) from Edison Teano - Lawyer

:

Dear Mr. Kabir,


We apologize for this situation. Last week we were also following up this matter with the bank. Our Financial Team informed to us on Friday last

week that the funds were not yet reflected in our escrow account in

Bahamas. They were going to communicate with the Vontobel bank to clarify

this as the instructions were given to the bank by or before the 23rd of

October, but due to the holidays I have not received the results of this

investigation.

I am not currently in Panama, but I am communicating with our office to

try to verify with the bank if the amounts were received this week. Our

office will reopen on Thursday and we will be able to actions this matter

and transfer the funds once they are received in our escrow account.

We will keep you informed once this matter is solved.

Kind regards,

Edison Teano, TEP

Lawyer


Mossfon Building


Tel. +507 206-9490 thru 507 206-9499 ext 212

www.mossfon.com



[email protected]


Sent: lunes, 03 de noviembre de 2014 04:44 p.m.

To: Edison Teano - Lawyer; Kabir Kapur; Jaqueline Alexander - Executive

Assistant

Subject: Loan Proceeds / URGENT

Importance: High

Dear Edison -

The loan proceeds that were to have arrived in October, per the signed

documents provided on October 18, are still not received.

This is creating an urgent issue as bills need to be paid, and late fees

are being assessed/issues created. I have repeatedly followed up on this

item and expressed urgency.

Please coordinate such that this gets processed by tomorrow. I am being


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told that your offices are closed till November 6 on voicemail. I have

tried your cell but get voicemail too.

I assume this may be a holiday period, but I had repeatedly followed up

with Jacqueline and you on this in October so that proceeds would arrive

by the 24th October.

Thank you for your immediate attention to this item.

Kind Regards,

Kabir


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From: Kabir Kapur

To: [email protected],

CC: [email protected]

Date: Nov 1, 2014, 1:52 AM

Subject: Fwd: Scan Doc.

Attachment(s): 1

Dear Edison/ Jaqueline -

Please find enclosed the signed bank form.

Kabir Kapur

Mumbai-India

Cell:98200-22088

mailto:[email protected]:[email protected]:[email protected]


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From: Jaqueline Alexander - Executive Assistant

To: '[email protected]'

Date: Nov 7, 2014, 9:38 AM

Subject: FAMILY AND CHILDREN CHARITABLE FOUNDATION

Attachment(s): 3

Dear Michelle:

Reference is made to the below exchange of communications regarding the

transfer of funds from the Foundation’s bank account to:

• To MOSSFON ESCROW SRL for the sum of USD50,095.00

• To MF TREASURER LTD for the sum of USD500.00

We have tried to contact you by phone but we get the voicemail.

Kindly let us have your comments as the initial instructions were sent on

23rd October, 2014 and the funds have not arrived yet.


Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]

From: Sonia Puga - Financial Officer

Sent: jueves, 06 de noviembre de 2014 09:09 a.m.

To: [email protected]

Cc: Jaqueline Alexander - Executive Assistant

Subject: FW: FAMILY AND CHILDREN CHARITABLE FOUNDATION

Importance: High

Dear Mrs. Casanova:

Please confirm us if the Attached Wire Transfers Instructions will be

processed.

Thank you in advance for your assistance in this matter.


mailto:mailto:


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Sonia Puga

Financial Officer

Mossfon Building, 3rd Floor


Tel. +507 206 9490 ext 270

www.mossfon.com



To: 'Casanova Michelle'


Subject: RE: FAMILY AND CHILDREN CHARITABLE FOUNDATION

Importance: High

Dear Mrs. Michelle:

Kindly confirm if the Wire Transfer instructions were finally processed.

Thank you,


Sonia Puga

Financial Officer



Tel. +507 206 9490 ext 270

www.mossfon.com

From: Casanova Michelle [mailto:[email protected]]Sent: jueves, 30 de octubre de 2014 09:12 a.m.

To: Sonia Puga - Financial Officer



Dear Ms. Puga,

I will take a look into this and get back to you in due course.

Best regards,

Michelle Casanova

From: Sonia Puga - Financial Officer [mailto:[email protected]]

Sent: Donnerstag, 30. Oktober 2014 14:55

To: Casanova Michelle



Importance: High

Dear Mrs. Michelle:


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Kindly confirm safe receipt of this message and send the Execution of

these Wire Transfers as soon as processed.

Thank you,


Sonia Puga

Financial Officer



Tel. +507 206 9490 ext 270

www.mossfon.com

From: Marti Petra [mailto:[email protected]]

Sent: martes, 28 de octubre de 2014 09:03 a.m.

To: Sonia Puga - Financial Officer

Cc: Jaqueline Alexander - Executive Assistant; Casanova MichelleSubject: RE: FAMILY AND CHILDREN CHARITABLE FOUNDATION

Dear Sonia

Please take note that I have moved to another department within the Bank.

Therefore, I am no longer in charge for the account.

Michelle Casanova, whom I have cc’d to this email, will take care of your

request.

Best regards,

Petra MartiBank Vontobel AG Private Banking CEE

Gotthardstrasse 43 CH-8022 Zurich

Tel. +41 58 283 76 37 Fax +41 58 283 74 30

[email protected] www.vontobel.com

From: Sonia Puga - Financial Officer [mailto:[email protected]]

Sent: Dienstag, 28. Oktober 2014 14:52

To: Marti Petra



Dear Mrs. Petra:

Kindly confirm if these instructions of Wire Transfers were executed.

Thank you,



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Sonia Puga

Financial Officer



Tel. +507 206 9490 ext 270

www.mossfon.com


Sent: viernes, 24 de octubre de 2014 08:31 a.m.

To: [email protected]; [email protected]


Dear Sirs:

Kindly confirm safe receipt of this message.

Thank you,


Sonia Puga

Financial Officer



Tel. +507 206 9490 ext 270

www.mossfon.com


Sent: jueves, 23 de octubre de 2014 10:55 a.m.

To: '[email protected]'; '[email protected]'Cc: [email protected]; Jaqueline Alexander - Executive Assistant;

[email protected]

Subject: FAMILY AND CHILDREN CHARITABLE FOUNDATION

Dear Sirs:

REF.: FAMILY AND CHILDREN CHARITABLE FOUNDATION – Account No.91140.001.001

Kindly find attached the following requests of wire transfers from the

above referenced account:

• To MOSSFON ESCROW SRL for the sum of USD50,095.00

To MF TREASURER LTD for the sum of USD500.00

Please confirm receipt of this e-mail and the execution of the Wire

Transfers as soon as it is processed.

Many thanks for your attention to this matter.


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Sonia PugaFinancial Officer

Mossfon Building, 3rd Floor54th E. Street, PanamaTel. +507 206 9490 ext 270

www.mossfon.com

From: ScanFront 200 [mailto:[email protected]]Sent: jueves, 23 de octubre de 2014 10:04 a.m.To: Sonia Puga - Financial OfficerSubject: family children

____________________________________________________ Please consider the environment before printing this e-mail.

Bitte denken Sie an die Umwelt, bevor Sie dieses E-Mail drucken.

Important Notice

This message is intended only for the individual named. It may containconfidential or privileged information. If you are not the named addresseeyou should in particular not disseminate, distribute, modify or copy thise-mail. Please notify the sender immediately by e-mail, if you havereceived this message by mistake and delete it from your system.

E-mail transmission may not be secure or error-free as information couldbe intercepted, corrupted, lost, destroyed, arrive late or incomplete.

Also processing of incoming e-mails cannot be guaranteed. All liability of

the Vontobel Group and its affiliates for any damages resulting from e- mail use is excluded. You are advised that urgent and time sensitive messages should not be sent by e-mail and if verification is requiredplease request a printed version.

Important Notice

This message is intended only for the individual named. It may containconfidential or privileged information. If you are not the named addresseeyou should in particular not disseminate, distribute, modify or copy thise-mail. Please notify the sender immediately by e-mail, if you havereceived this message by mistake and delete it from your system.

E-mail transmission may not be secure or error-free as information could

be intercepted, corrupted, lost, destroyed, arrive late or incomplete. Also processing of incoming e-mails cannot be guaranteed. All liability ofthe Vontobel Group and its affiliates for any damages resulting from e-

mail use is excluded. You are advised that urgent and time sensitive messages should not be sent by e-mail and if verification is requiredplease request a printed version.


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Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]






Hi Jacqueline -

The POA change was from me, Chetan was simply following up with you due to

time differences. Can you please provide me a copy of the draft sent to







bank).



Best,--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


:

Dear Mr. Kapur:




your account.





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will revert to you.

We take this opportunity to attach our message sent on 18th September,2014 with some comments received from the bank (highlighted in red color).




Jaqueline Alexander

Executive Assistant


Mossfon Building

54th E. Street, PanamaTel. +507 2055888 ext 277

www.mossfon.com



[email protected]




Assistant

Subject: URGENTImportance: High








--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088



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:

Dear Jacqueline -



follow up so this could be processed this week.thanks

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


Assistant :

Dear Mr. Kapur:






Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]






thanks


:


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Kind Regards,

Kabir

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


:



Best Regards,Kabir Kapur.


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From: Mossfon Trust Corporation

To: 'kabir kapur'

Date: Oct 31, 2014, 5:46 PM

Subject: Signed agreements/2344947

Attachment(s): 3

Dear Mr. Kapur:

Attached please find copy of the full executed agreement for your ease of

reference.



Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]

From: Jaqueline Alexander - Executive Assistant

Sent: miércoles, 22 de octubre de 2014 07:19 a.m.

To: 'kabir kapur'; Edison Teano - Lawyer

Subject: RE: Signed agreements.

Dear Mr. Kapur:






Jaqueline Alexander

Executive Assistant


Mossfon Building


mailto:mailto:


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Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]






thanks


:




Kind Regards,

Kabir

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


:



Best Regards,

Kabir Kapur.


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CC: [email protected], Edison Teano - Lawyer, Jaqueline Alexander -Executive Assistant

Date: Oct 27, 2014, 9:51 PM

Subject: 2320039 CONFIDENTIAL

Attachment(s): 2

Dear Michael:

Reference is made to your message dated 18th September, 2014.

Kindly note the following comments received from the client:

Your bank needs to contact the funds directly for their last written

update on the portfolio (do you need their contact numbers?). Dated third

party term sheets or articles are not helpful (I am aware HM Ruby is

suspended, and transacted with Fortress on part of their portfolio).

Basically I need the last newsletter of Denholm Hall and HM Ruby funds at

this point.

We look forward to hearing from you soon.


Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277 www.mossfon.com



[email protected]

From: Strasser Michael [mailto:[email protected]]

Sent: jueves, 18 de septiembre de 2014 04:10 a.m.


Cc: Casanova MichelleSubject: 2320039 CONFIDENTIAL

Dear Edison

Trust you are well.

I have received the below email from your colleague Jaqueline. Would you

be so kind as to let her know that you and I are in contact and that you

mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]


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are in the process of arranging the POA. This will ensure a smooth single

point of contact moving forward.

As requested and for your information attached your clients september

statement summary.

Regarding your clients request (Your email dated the 14th of August 2014at 19:31):

(1) Principal protection: Understand that your client is looking at

principal protected income yielding investment opportunities in the

current environment with a target of 8% rate. What initially comes to my

mind is a basket product and in this case the German export basket (see

attachment). Maybe we can create a private Basket depending on size, with

a bit higher Vola-stock or with a lower cap protection at 98% or 95%

(depending on client preference) we may be able to increase specified

return from 6% to 8%.

Kindly let me know your thoughts so that I can specifically structure

something that will meet your clients needs.

(2) HM Ruby (Himelsein Mandel Ruby Fund) and Denholm (Denholm Hall

Russia Arbitrage Fund): All the information that we have found suggests

that the two Funds have had major problems. Enclosed I send you extracts

from our database, in which the data of the two Funds end in August 2010

respectively October 2012. The Denholm Fund has lost between August 2008

and October 2012, more than 80% in value. I asked the manager for a fact

sheet, but have so far received no response. For the HM Ruby Fund we have

found evidence that the Fund has gone bankrupt (see the attachment HM

Ruby.pdf).

I look forward to receiving the signed POA and your kind reply to the

above.

As always I remain with kindest regards

Michael

--------------------------------------------------------------

Michael R. Strasser

Executive Director,

Team Head South East Asia

Bank Vontobel AG

Gotthardstrasse 43

CH-8022 Zürich

Tel +41 58 283 77 16

Fax +41 58 283 76 80

Mob +41 79 832 11 02

[email protected]

http://www.vontobel.com


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________________________________From: Mossfon Trust CorporationSent: Dienstag, 16. September 2014 19:36:11To: Notter Keiko; Thoma AlexanderCc: [email protected]; Jaqueline Alexander - Executive Assistant

Subject: Statement Request/2320039Dear Keiko: Just a gentle reminder to our message below.

Your prompt reply will be highly appreciated. Saludos / Kind regards,

Jaqueline AlexanderExecutive AssistantMOSSACK FONSECA & CO. (PANAMA)

Mossfon Building54th E. Street, PanamaTel. +507 2055888 ext 277



[email protected]

From: Mossfon Trust CorporationSent: jueves, 14 de agosto de 2014 11:14 a.m.To: '[email protected]'; '[email protected]'

Cc: Edison Teano - Lawyer; [email protected]; Jaqueline Alexander -Executive AssistantSubject: Statement Request Dear Keiko:

Thank you very much for your message and attachment. We take this opportunity to attach a message received from our client withcomments about his investments. We would appreciate to receive yourprompt comments and/or suggestions. Furthermore, kindly let us know if there is any FORM the bank may have tofill out granting a POA to our client so he can deal directly with you on

this matter, as well as, any FORM necessary to provide him with an onlinebanking access limited to consultation. We look forward to hearing from you soon. Saludos / Kind regards,

Jaqueline Alexander


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Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277



[email protected]

From: Notter Keiko [mailto:[email protected]]

Sent: miércoles, 13 de agosto de 2014 08:42 a.m.


Cc: '[email protected]'; Thoma Alexander; Casanova Michelle

Subject: FW: Statement Request

Dear Mr. Edison,

I am a new assistant to Mr. Alexander Thoma, as well as Michelle Casanova.

Please refer to the attachment as instructed by Mr. Thoma.

Thank you very much and kind regards,

Keiko Notter


Sent: Mittwoch, 13. August 2014 04:16

To: [email protected]; Thoma Alexander

Subject: FW: Statement Request

Dear Edison -

Please can you have the foundation fill out a POA for me so I may also

correspond directly with the bank.

In the interim, can the foundation please forward Alexander the below

request, and forward on the replying statements/forms.

thank you,

Kind Regards,

Kabir

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

From: kabir kapur

Date: 6 Aug 2014 22:58:41 +0000 (UTC)



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Subject: Statement Request Dear Petra -Could you please provide me a current position statement, as well as thecash and positions ledger from 1/1/2014 for Account 1238240. thank you.

Also please could you provide the forms for online access, so I may have

this.Kind Regards,Kabir

--KABIR KAPUR.

MUMBAI-INDIA.9820022088

____________________________________________________ Please consider the environment before printing this e-mail.Bitte denken Sie an die Umwelt, bevor Sie dieses E-Mail drucken.

Important Notice This message is intended only for the individual named.It may contain confidential or privileged information. If you are not thenamed addressee you should in particular not disseminate, distribute,

modify or copy this e-mail. Please notify the sender immediately by e- mail, if you have received this message by mistake and delete it from yoursystem. E-mail transmission may not be secure or error-free as informationcould be intercepted, corrupted, lost, destroyed, arrive late orincomplete. Also processing of incoming e-mails cannot be guaranteed. Allliability of the Vontobel Group and its affiliates for any damages

resulting from e-mail use is excluded. You are advised that urgent andtime sensitive messages should not be sent by e-mail and if verificationis required please request a printed version.Important Notice This message is intended only for the individual named.

It may contain confidential or privileged information. If you are not thenamed addressee you should in particular not disseminate, distribute,

modify or copy this e-mail. Please notify the sender immediately by e- mail, if you have received this message by mistake and delete it from yoursystem. E-mail transmission may not be secure or error-free as information

could be intercepted, corrupted, lost, destroyed, arrive late orincomplete. Also processing of incoming e-mails cannot be guaranteed. Allliability of the Vontobel Group and its affiliates for any damagesresulting from e-mail use is excluded. You are advised that urgent andtime sensitive messages should not be sent by e-mail and if verificationis required please request a printed version.


42/739


To: kabir kapur

CC: Edison Teano - Lawyer, Jaqueline Alexander - Executive Assistant

Date: Oct 27, 2014, 9:43 PM

Subject: URGENT/2320039

Attachment(s): 4

Dear Mr. Kapur:


Attached hereto are the online banking forms that must be dated and signed

by you (page No.3 of the document at the bottom where it says “place and

date” and “signature of the user”). Once signed, kindly send us a scanned

copy and we will send it to the bank for further action.

In addition, we attach the draft of POA sent to the bank, for approval.

We will keep you posted on the development of this case.


Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]






Hi Jacqueline -The POA change was from me, Chetan was simply following up with you due to

time differences. Can you please provide me a copy of the draft sent to







mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]


43/739

bank).



Best,

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


:

Dear Mr. Kapur:



Thursday. As soon as they arrive, we will proceed to send these funds toyour account.







will revert to you.


2014 with some comments received from the bank (highlighted in red color).Kindly let us know your comments on this matter.



Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]



44/739



Assistant

Subject: URGENT

Importance: High








--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


:

Dear Jacqueline -




thanks--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


Assistant :

Dear Mr. Kapur:







45/739

Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277 www.mossfon.com



[email protected]





Please confirm instruction has been sent as require the funds this week.thanks


:




Kind Regards,

Kabir

--KABIR KAPUR.

MUMBAI-INDIA.

9820022088


:



Best Regards,

Kabir Kapur.


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RESOLUTION OF THE SOLE MEMBER OF THE FOUNDATION COUNCIL OF FAMILYAND CHILDREN CHARITABLE FOUNDATION

Resolution of the Sole member of the Foundation Council of FAMILY AND CHILDRENCHARITABLE FOUNDATION, given at Mossfon Building, Second Floor, East 54

th Street,

Panama City, Republic of Panama on the 24th day of October, 2014 at 9:00 a.m.

NOTICE: Notice was waived by all persons entitled thereto.

PRESENT: The sole member of the Foundation Council, there being thus the requiredquorum, to wit:

FOUNDATION MEMBERSHIP INC.represented by Francis Pérez and Imogene Wilson

IT WAS RESOLVED:

To appoint Mr. Kabir Kapur , holder of passport No.K3515076 with domicle at 402

Lakeview 2, Royal Palms, Aarey Milk Colony, Goregaon East, Mumbai-400065, India tohave access to all account information that is available to the Principal including but notlimited to account statements, information/newsletters/corporate actions on underlyinginvestments, online access, advisory information from the bank and relationship manager.

However, this Power of Attorney in particular does not extend the right to rent safe deposit,boxes, to withdraw assets in whole or in part (such as initiating payment to third parties or tohimself, cash withdrawals, sale of securities without replacement), to pledge assets, neitherfor the account of the Principal nor any third party nor for his own account, or to take uploans.

This Power of Attorney does not provide signatory authority over the account to Mr. KabirKapur.

IN WITNESS WHEREOF the above resolutions were given on this twenty fourth (24th) day

of October, 2014 in the City of Panama, Republic of Panama.

______________________________________

Francis Pérez and Imogene Wilsonrepresenting FOUNDATION MEMBERSHIP INC.

Sole member of the Foundation Council of FAMILY AND CHILDREN CHARITABLEFOUNDATION


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From: kabir kapur

To: [email protected], Jaqueline Trust

Date: Oct 27, 2014, 3:51 PM

Subject: FW: General

Jacqueline,

Below was the response to the 18 September email. I assumed Edsion sent toyou as well.

Point 4 are the open items that would need following up with the bank.

From: kabir kapur

Date: 30 Sep 2014 20:14:17 +0000 (UTC)

To: 'Edison Teano - Lawyer'

;[email protected];Thoma Alexander

Subject: General

Dear Michael / Alexander / Edison -

Please can you advise on the status of the below:

Point 1Point 2

Point 3

Point 4 - your bank needs to contact the funds directly for their last

written update on the portfolio (do you need their contact numbers?).

Dated third party term sheets or articles are not helpful ( I am aware HM

Ruby is suspended, and transacted with Fortress on part of their

portfolio).

When we complete Point 1, we will call to discuss the principal protected

note provided. Looking for USD denominated products, non complex, also

looking to consider products outside of Bank Vontobel.

Thanks for you attention to the above.

Best,

Kabir

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

At 15 Sep 2014 23:32:30 +0000 (UTC) from kabir kapur:

Dear Edison / Alexander / Michael -

I am sending this email as a follow up on a few items:

1) Limited POA (No Signatory Authority as this will remain with the

Foundation Council alone who will make the final decisions) being granted

to me so I may correspond directly with the bank on investment matters

including receiving online access

mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]


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2) The cash ledger since the beginning of the year (1/1/2014) thats shows

cash inflows and outflows. The statement that was sent on August 12, 2014

was only a position snapshot. However, reveiwing that statement the

valuations for Denholm Hall and Professional Offshore are in need of a

serious update as these valuations are from 2013 and these funds come out

with pricing monthly or quarterly.

3) Please could I get the contact details for Michael. I have them via

email for Alexander. Also if there is a online company biography that can

be linked to a reply email for both Alexander and Michael, this would be

helpful so I am more familiar with their backgrounds.

4) Last, I reiterate the request below --

Last, there are 2 relatively sizeable alternative investments in my

portfolio (Acct # 1238240) -- HM Ruby (Himelsein Mandel Ruby Fund) and

Denholm (Denholm Hall Russia Arbitrage Fund) that he would like to receive

the latest update from the fund.

He has not received any update from these liquidating funds in several

years, and he is simply looking for their last investment letter (howevercurrent or dated it may be). They will only provide this information to

the subscribing entity (ie. the bank). Accordingly, could you please

request your back office or custodian to obtain these from the fund and

forward to us same with c.c. to Mr. Kapur.

Thank you gentlemen for your attention to the above mentioned items.

Kind Regards,

Kabir

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

At 15 Aug 2014 14:34:37 +0000 (UTC) from Thoma Alexander

:

Dear Mr. Teano,

Thank you for your Email and it is great to be in touch with you.

Today is my last day before I am off for a two week holiday. I will place

your request with our Investment Consulting team and discuss options with

them in regards to capital protected notes with an interesting yield.

The next two weeks we should concentrate on getting the POA for the BO

established. My assistant Keiko

That should simply future communication greatly.

Further, I took the liberty of placing my close colleague Michael Strasser


49/739

cc. Mr. Strasser is an expert on the domicile India and I am positive that

also his investment experience will be of great benefit to the portfolio.

Mr. Strasser will take over the lead for the Foundation.

Let’s be all in touch soon and until then please stay well.

Kind regards / Mit freundlichen Grüssen,

Alexander M. Thoma

Bank Vontobel AG

Private Banking

Gotthardstrasse 43

CH-8022 Zürich

Telefon +41 (0)58 283 7902

Telefax +41 (0)58 283 7680

Mobile +41 (0)79 815 1620

[email protected]

www.vontobel.com


50/739



Date: Oct 26, 2014, 9:52 PM

Subject: URGENT/2320039

Attachment(s): 3

Dear Mr. Kapur:




your account.







will revert to you.


2014 with some comments received from the bank (highlighted in red color).




Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]




Assistant

Subject: URGENT

Importance: High

mailto:mailto:


51/739





investment decisions can be made, thus please lets get the POA resolvedthis week - so I may speak to the bank asap.


--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088

At 22 Oct 2014 22:54:13 +0000 (UTC) from kabir kapur:

Dear Jacqueline -




thanks

--

KABIR KAPUR.

MUMBAI-INDIA.9820022088


Assistant :

Dear Mr. Kapur:






Jaqueline Alexander

Executive Assistant


Mossfon Building


52/739


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]






thanks


:




Kind Regards,

Kabir

--

KABIR KAPUR.

MUMBAI-INDIA.

9820022088


:



Best Regards,

Kabir Kapur.


53/739



CC: [email protected], Edison Teano - Lawyer, Jaqueline Alexander -Executive Assistant

Date: Oct 26, 2014, 5:51 PM

Subject: General/2320039

Attachment(s): 5

Dear Michelle:

Thank you for the additional statement of account attached to this

message.

ONLINE BANKING ACCESS

I am arranging the signature of the “User” in the online banking forms you

have provided. As soon as I receive it duly signed, I will revert to you.

POA

Our client decided to avoid the POA we sent you on our message dated 22nd

September, 2014 (attached for your ease of reference) and instead to have

the attached POA (.doc format) granted.

Kindly let us know if this new POA (the only valid) will be acceptable for

you.

We look forward to hearing from you soon.


Jaqueline Alexander

Executive Assistant


Mossfon Building


Tel. +507 2055888 ext 277

www.mossfon.com



[email protected]

From: Casanova Michelle [mailto:[email protected]]

Sent: martes, 14 de octubre de 2014 07:19 a.m.

To: Mossfon Trust Corporation

Cc: Strasser Michael

Subject: RE: General/2320039

Dear Jaquelina,

Please find attached the updated statement for your perusal.

Best regards,

mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]


54/739

Michelle CasanovaPrivate Banking AsiaBank Vontobel AGGotthardstrasse 43, CH-8022 ZurichPhone +41 (0)58 283 76 29, Telefax +41 (0)58 283 76 80

[email protected]

www.vontobel.comFrom: Casanova MichelleSent: Freitag, 10. Oktober 2014 13:26To: '[email protected]'

Cc: Strasser MichaelSubject: FW: General/2320039Dear Jaqueline,Please find attached the required documents for the use of our electronicservices.May I kindly ask you to send the duly signed forms back to my attention?Furthermore, please find attached the account statements for your perusal.I will get back to you regarding the valuations of Denholm Hall andProfessional Offshore in due course.

Best regards,Michelle CasanovaPrivate Banking AsiaBank Vontobel AGGotthardstrasse 43, CH-8022 ZurichPhone +41 (0)58 283 76 29, Telefax +41 (0)58 283 76 80

[email protected] www.vontobel.com ________________________________

From: Mossfon Trust CorporationSent: Donnerstag, 9. Oktober 2014 14:16:12To: Strasser MichaelCc: Edison Teano - Lawyer

Subject: General/2320039Dear Mr. Strasser:Just a gentle reminder to our message below.Our client is expecting to receive a reply as soon as possible.Saludos / Kind regards,

Jaqueline AlexanderExecutive AssistantMOSSACK FONSECA & CO. (PANAMA) Mossfon Building54th E. Street, PanamaTel. +507 2055888 ext 277

www.mossfon.com



[email protected] From: Mossfon Trust CorporationSent: viernes, 03 de octubre de 2014 04:18 p.m.To: [email protected]


55/739

Cc: Edison Teano - Lawyer; Jaqueline Alexander - Executive AssistantSubject: General/2320039Dear Mr. Strasser:Thank you for your message below.We would prefer to receive from you the information that applies for eachof the client’s query according to points No.2, 3, and 4 of the message

below.Regarding the information you provided us on 18th September, 2014, we areexpecting to receive our client’s comments on this matter.Lastly, kindly let us know if our client has online banking access, and if

not, we would appreciate to receive the required documents to be signedfor this purpose.Looking forward to hearing from you soon.Saludos / Kind regards,

Jaqueline AlexanderExecutive AssistantMOSSACK FONSECA & CO. (PANAMA)

Mossfon Building54th E. Street, PanamaTel. +507 2055888 ext 277



[email protected]

-----Original Message-----From: Strasser Michael [mailto:[email protected]]Sent: miércoles, 01 de octubre de 2014 12:40 a.m.To: Edison Teano - Lawyer

Subject: RE: GeneralGood morning EdisonHave you had a chance to review my sent details and if so what is the nextstep?Perhaps you could liaise with KK and give him the requested information.

Looking forward to your kind reply.Michael------------------------Michael R. StrasserExecutive DirectorTeam Head, South East AsiaBank Vontobel AGGotthardstrasse 43CH-8022 Zürich

Tel +41 58 283 77 16Fax +41 58 283 76 80Mob +41 79 832 11 02

[email protected]://www.vontobel.com

________________________________ From: kabir kapurSent: Dienstag, 30. September 2014 20:14:17


56/739

To: 'Edison Teano - Lawyer'; Strasser Michael; Thoma Alexander

Subject: General

Dear Michael / Alexander / Edison -

Please can you advise on the status of the below:

Point 1

Point 2

Point 3Point 4 - your bank needs to contact the funds directly for their last

written update on the portfolio (do you need their contact numbers?).

Dated third party term sheets or articles are not helpful ( I am aware HM

Ruby is suspended, and transacted with Fortress on part of their

portfolio).

When we complete Point 1, we will call to discuss the principal protected

note provided. Looking for USD denominated products, non complex, also

looking to consider products outside of Bank Vontobel.

Thanks for you attention to the above.

Best,

Kabir

--

KABIR KAPUR.MUMBAI-INDIA.

9820022088

At 15 Sep 2014 23:32:30 +0000 (UTC) from kabir kapur

:

Dear Edison / Alexander / Michael -

I am sending this email as a follow up on a few items:

1) Limited POA (No Signatory Authority as this will remain with the

Foundation Council alone who will make the final decisions) being granted

to me so I may correspond directly with the bank on investment matters

including receiving online access

2) The cash ledger since the beginning of the year (1/1/2014) thats shows

cash inflows and outflows. The statement that was sent on August 12, 2014

was only a position snapshot. However, reveiwing that statement thevaluations for Denholm Hall and Professional Offshore are in need of a

serious update as these valuations are from 2013 and these funds come out

with pricing monthly or quarterly.

3) Please could I get the contact details for Michael. I have them via

email for Alexander. Also if there is a online company biography that can

be linked to a reply email for both Alexander and Michael, this would be

helpful so I am more familiar with their backgrounds.

4) Last, I reiterate the request below --

Last, there are 2 relatively sizeable alternative investments in my

portfolio (Acct # 1238240) -- HM Ruby (Himelsein Mandel Ruby Fund) and

Denholm (Denholm Hall Russia Arbitrage Fund) that he would like to receive

the latest update from the fund.

He has not received any update from these liquidating funds in several

years, and he is simply looking for their last investment letter (however

current or dated it may be). They will only provide this information to

the subscribing entity (ie. the bank). Accordingly, could you please

request your back office or custodian to obtain these from the fund and

forward to us same with c.c. to Mr. Kapur.

Thank you gentlemen for your attention to the above mentioned items.

Kind Regards,

Kabir


57/739

--KABIR KAPUR.MUMBAI-INDIA.9820022088

At 15 Aug 2014 14:34:37 +0000 (UTC) from Thoma Alexander:

Dear Mr. Teano,Thank you for your Email and it is great to be in touch with you.Today is my last day before I am off for a two week holiday. I will placeyour request with our Investment Consulting team and discuss options with

them in regards to capital protected notes with an interesting yield.The next two weeks we should concentrate on getting the POA for the BOestablished. My assistant KeikoThat should simply future communication greatly.Further, I took the liberty of placing my close colleague Michael Strassercc. Mr. Strasser is an expert on the domicile India and I am positive thatalso his investment experience will be of great benefit to the portfolio.Mr. Strasser will take over the lead for the Foundation.Let’s be all in touch soon and until then please stay well.

Kind regards / Mit freundlichen Grüssen, Alexander M. ThomaBank Vontobel AGPrivate BankingGotthardstrasse 43CH-8022 ZürichTelefon +41 (0)58 283 7902Telefax +41 (0)58 283 7680Mobile +41 (0)79 815 1620

[email protected] www.vontobel.com ____________________________________________________ Please consider the environment before printing this e-mail.

Bitte denken Sie an die Umwelt, bevor Sie dieses E-Mail drucken.Important NoticeThis message is intended only for the individual named. It may containconfidential or privileged information. If you are not the named addresseeyou should in particular not disseminate, distribute, modify or copy this

e-mail. Please notify the sender immediately by e-mail, if you havereceived this message by mistake and delete it from your system.E-mail transmission may not be secure or error-free as information couldbe intercepted, corrupted, lost, destroyed, arrive late or incomplete.

Also processing of incoming e-mails cannot be guaranteed. All liability ofthe Vontobel Group and its affiliates for any damages resulting from e-

mail use is excluded. You are advised that urgent and time sensitive messages should not be sent by e-mail and if verification is requiredplease request a printed version.

Important Notice This message is intended only for the individual named.It may contain confidential or privileged information. If you are not thenamed addressee you should in particular not disseminate, distribute,

modify or copy this e-mail. Please notify the sender immediately by e- mail, if you have received this message by mistake and delete it from yoursystem. E-mail transmission may not be secure or error-free as informationcould be intercepted, corrupted, lost, destroyed, arrive late orincomplete. Also processing of incoming e-mails cannot be guaranteed. All


58/739

liability of the Vontobel Group and its affiliates for any damages

resulting from e-mail use is excluded. You are advised that urgent and

time sensitive messages should not be sent by e-mail and if verification

is required please request a printed version.


59/739


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Panama Papers - Chetan Kapur and Kabir Kapur 6

Documents

Transcript of Panama Papers - Chetan Kapur and Kabir Kapur 6