Blog: Billionaire Bob Duggan, the Paradise Papers, and the Scientology Money Club - 2017-11-28
The Scientology Money Project did an article recently on the US Bankruptcy Court's denial of Matt and Kathy Feshbach's attempt to discharge $3.8 million in back taxes via bankruptcy. This led me to do further research on Matt Feshbach's Bahamian stem cell medical company called Okyanos Heart Institute. The result an article on Matt Feshbach and Okyanos at the Scientology Money Project. In the course of my research I found Feshbach and his business partner and fellow Scientology OT Manuel Vianna listed in the Paradise Papers:
Curious as I am about Scientology and its sources of money, I checked into Okyanos and discovered its $14.2 million dollars in capitalization largely came from a Scientologist named Ali Shawkat, a man whose father is Mudhar Shawkat, a former member of the Iraqi parliament. The ICIJ Offshore Leaks Database page on Mudhar Shawkat states that Appleby Global — an offshore law firm that some have compared to the notorious Panamanian firm of Mossack Fonseca — set up the "Passion Group S.A." for the Shawkat family. "S.A." is a business term meaning "Society Anonymous." A person who owns shares in an S.A. corporation can have those shares held by an offshore law firm. An S.A. grants a certain degree of anonymity.
There were concerns at Appleby about the Shawkat money and its Passion Group S.A., this according to an internal Appleby e-mail leaked by the Paradise Papers: