Pandora Papers: MGF’s Shravan Gupta owned BVI firm, JV with Emaar got $2 million
In 2007, within two years of the merger of Dubai-based Emaar and Shravan Gupta-owned MGF, a British Virgin Islands (BVI) firm invested USD 2 million in the joint venture, according to the Pandora Papers. Gupta was the beneficial owner of a company in BVI where its Finance Ministry issued two notices after his name…