---
title: "WATERSAND LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/17dc90dc-193c-52ef-aea2-cd8aacd874c7
json: https://whiteintel.dev/api/public/dossier/17dc90dc-193c-52ef-aea2-cd8aacd874c7
identifier: icij:icijol-55032596
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# WATERSAND LIMITED

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55032596`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/17dc90dc-193c-52ef-aea2-cd8aacd874c7  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/17dc90dc-193c-52ef-aea2-cd8aacd874c7  

## Ownership & control

### Owners / controllers

- **FORTIS LUXEMBOURG-VIE S.A.** (shareholder of) — https://whiteintel.dev/entity/9041c8f6-da06-5079-a739-505c4ab2984f
- **GANADO TRUSTEES & FIDUCIARIES LIMITED** (shareholder of) — https://whiteintel.dev/entity/44d0d4de-2c6d-5c0a-8ee6-b2b50d9247e2

### UBO chain (walk to the ultimate owner)

A **24-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Exposure (derived from the ownership graph)

**15** owners upstream in this entity's ownership/control chain are flagged — a sanctions hit or a secrecy jurisdiction — an investigative lead by resolved identity, not a legal determination. The contributing parties and the hop-by-hop path unlock with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/55032596

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **WATERSAND LIMITED**. Human view: https://whiteintel.dev/entity/17dc90dc-193c-52ef-aea2-cd8aacd874c7 · Structured JSON: https://whiteintel.dev/api/public/dossier/17dc90dc-193c-52ef-aea2-cd8aacd874c7._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._