---
title: "MERCURY HOLDINGS LTD — Ownership Dossier"
canonical: https://whiteintel.dev/entity/ba7c1526-e9f4-5f60-a0ff-b64e7b0fae4e
json: https://whiteintel.dev/api/public/dossier/ba7c1526-e9f4-5f60-a0ff-b64e7b0fae4e
identifier: icij:icijol-55049132
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# MERCURY HOLDINGS LTD

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55049132`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/ba7c1526-e9f4-5f60-a0ff-b64e7b0fae4e  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/ba7c1526-e9f4-5f60-a0ff-b64e7b0fae4e  

## Ownership & control

### Owners / controllers

- **IVANOV LALO IVANOV** (shareholder of) — https://whiteintel.dev/entity/e828ceb8-3812-5b47-b3b2-ccbd88883f1f
- **ZEUS HOLDINGS LTD.** (shareholder of) — https://whiteintel.dev/entity/85acb977-42c4-5202-9aa9-edd2d984d04c

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

A **6-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)

**3** 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/55049132

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **MERCURY HOLDINGS LTD**. Human view: https://whiteintel.dev/entity/ba7c1526-e9f4-5f60-a0ff-b64e7b0fae4e · Structured JSON: https://whiteintel.dev/api/public/dossier/ba7c1526-e9f4-5f60-a0ff-b64e7b0fae4e._

_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"._