---
title: "Belcourt S.A. — Ownership Dossier"
canonical: https://whiteintel.dev/entity/8fef86d3-2da6-5985-b5ae-0ca94f8cbffd
json: https://whiteintel.dev/api/public/dossier/8fef86d3-2da6-5985-b5ae-0ca94f8cbffd
identifier: icij:icijol-161778
jurisdiction: PA
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# Belcourt S.A.

**Type:** Company  
**Jurisdiction:** [PA](https://whiteintel.dev/jurisdictions/pa)  
**Identifier:** `icij:icijol-161778`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/8fef86d3-2da6-5985-b5ae-0ca94f8cbffd  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/8fef86d3-2da6-5985-b5ae-0ca94f8cbffd  

## Ownership & control

### Owners / controllers

- **Jaggi Grisoni** (shareholder of) — https://whiteintel.dev/entity/0e16861e-5ad7-5260-8b97-5cfad5be54dc

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

A **5-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)

**1** owner upstream in this entity's ownership/control chain is 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/161778

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **Belcourt S.A.**. Human view: https://whiteintel.dev/entity/8fef86d3-2da6-5985-b5ae-0ca94f8cbffd · Structured JSON: https://whiteintel.dev/api/public/dossier/8fef86d3-2da6-5985-b5ae-0ca94f8cbffd._

_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"._