{"entity":{"id":"45fb12be-6038-5c1c-b8ff-3fea3a4e71b5","name":"PHOCAR LIMITED","type":"Company","kind":"company","jurisdiction":"CH","identifier":"icij:icijol-10115512","risk":"LOW","flags":[]},"identity":{"linked_records":[],"also_known_in":[]},"ownership":{"direct_owners":[{"role":"shareholder of","share":null,"party":{"id":"6e39e534-0371-5638-a529-a01c8e941f44","name":"EXEL FINANCE LIMITED","type":"Organization","kind":"company"}},{"role":"shareholder of","share":null,"party":{"id":"3bac52c9-1e1a-5ec8-bf84-8e52e8652acb","name":"JDS SECRETARIES LIMITED","type":"Organization","kind":"company"}}],"holdings":[],"ubo_chain":[{"depth":1,"from":"6e39e534-0371-5638-a529-a01c8e941f44","fromName":"EXEL FINANCE LIMITED","to":"45fb12be-6038-5c1c-b8ff-3fea3a4e71b5","toName":"PHOCAR LIMITED","role":"shareholder of","share":null},{"depth":1,"from":"3bac52c9-1e1a-5ec8-bf84-8e52e8652acb","fromName":"JDS SECRETARIES LIMITED","to":"45fb12be-6038-5c1c-b8ff-3fea3a4e71b5","toName":"PHOCAR LIMITED","role":"shareholder of","share":null}]},"risk":{"level":"LOW","flags":[],"note":"Risk is a layer-1 signal (offshore-layering / connectivity heuristics) — an investigative lead, not a determination."},"sources":[{"registry":"icij_offshoreleaks","source_url":"https://offshoreleaks.icij.org/nodes/10115512"}],"source":"corpus"}