Remember the big ammonium nitrate explosion in Beirut?

That's interesting because back in January:

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www.usnews.com

Two senior British parliamentarians called on Friday for an investigation into a British-registered company possibly linked to last year's devastating explosion in Beirut, after Reuters found that the firm had not disclosed its beneficial owners.

The company, Savaro Ltd, is registered at a London address, and like all British firms is required to list who owns it with Britain's companies register, known as Companies House.
In an e-mail to Reuters this week, the woman listed as Savaro's owner and sole director at Companies House, Marina Psyllou, told Reuters that she was acting as an agent on behalf of another beneficial owner, whose identity she could not disclose.
"The person who was and has always been the UBO (ultimate beneficial owner) of the company was always the same. As you should be aware, we cannot disclose his name," she said. She did not say why she could not disclose his identity.
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Psyllou, who provides corporate registrations for clients through her own Cyprus company, Interstatus, said in a follow-up e-mail to Reuters on Thursday that her company "strictly complies with legislations and reports to relevant Regulators".

She also denied this week that Savaro could have been linked to the Lebanon explosion, saying she believed it had never done any business: "As far as we know the company in question, ever since its registration it remained dormant without any trading or other activity or keeping any bank accounts as the project for which it was incorporated was never realized." She gave no further information about the company's intended purpose.
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Reactions: Hugo Stiglitz, Grimhogun and Gomez Adams
This whole shell company bullshit thing needs to go. One company is all you get.
 
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