---
title: "ARG Risk Management Limited — Ownership Dossier"
canonical: https://whiteintel.dev/entity/20a53e93-aabe-5d30-b4db-cae5ec265b81
json: https://whiteintel.dev/api/public/dossier/20a53e93-aabe-5d30-b4db-cae5ec265b81
identifier: icij:icijol-82004969
jurisdiction: BM
risk: High
source: WhiteIntel corporate-ownership graph
---

# ARG Risk Management Limited

**Type:** Company  
**Jurisdiction:** BM  
**Identifier:** `icij:icijol-82004969`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/20a53e93-aabe-5d30-b4db-cae5ec265b81  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/20a53e93-aabe-5d30-b4db-cae5ec265b81  

## Ownership & control

### Owners / controllers

- **Westnet Rail Holdings No. 1 Pty Ltd.** (shareholder of) — https://whiteintel.dev/entity/a2fdec84-dc84-5a56-ba69-7b329b4ce967
- **BBI Rail Holdings Pty Ltd.** (shareholder of) — https://whiteintel.dev/entity/fdfbb62e-0816-5cfb-8aa6-4e2b8709ae5d
- **QR Limited** (shareholder of) — https://whiteintel.dev/entity/634dfdf2-29c6-5f6c-a2ba-05121766563a
- **Australia Eastern Railroad Pty Ltd.** (shareholder of) — https://whiteintel.dev/entity/5377a1e8-f421-5137-9ba6-8d9cb301a310

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

A **71-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/82004969

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **ARG Risk Management Limited**. Human view: https://whiteintel.dev/entity/20a53e93-aabe-5d30-b4db-cae5ec265b81 · Structured JSON: https://whiteintel.dev/api/public/dossier/20a53e93-aabe-5d30-b4db-cae5ec265b81._

_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"._