A Caribbean pension dispute led through offshore companies and global accountants

Authorities accused Hushang Ansary of draining assets from Ennia and putting the income of roughly 30,000 pension holders at risk. ICIJ reviewed court documents and leaked records showing offshore structures and the involvement of professional advisers.

Ansary strongly disputed the accusations and described the authorities’ actions as an effort to take his money. PwC declined detailed comment on client matters while defending its professional standards. The article presents allegations and competing accounts rather than treating every contested transaction as a proven crime.

The reporting connects an apparently distant corporate structure with an immediate local consequence: people waiting to learn whether promised retirement income would remain available. Untangling ownership, transfers, and responsibility required crossing the boundaries between several legal systems.