---
title: "VICTORY HOLDING LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/d1fca6db-eac2-5d9f-8a6a-417e1a4e18f8
json: https://whiteintel.dev/api/public/dossier/d1fca6db-eac2-5d9f-8a6a-417e1a4e18f8
identifier: icij:icijol-55046075
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# VICTORY HOLDING LIMITED

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55046075`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/d1fca6db-eac2-5d9f-8a6a-417e1a4e18f8  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/d1fca6db-eac2-5d9f-8a6a-417e1a4e18f8  

## Ownership & control

### Owners / controllers

- **NORTHINGTON INVESTMENT CO. LTD** (shareholder of) — https://whiteintel.dev/entity/2f8c46dc-2fe6-5329-b3f3-0fe2de0d3cb2
- **GFS INVESTMENTS LIMITED** (shareholder of) — https://whiteintel.dev/entity/a7d56a2f-479b-5247-9999-1392e34f88bd

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

A **9-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)

**4** 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/55046075

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **VICTORY HOLDING LIMITED**. Human view: https://whiteintel.dev/entity/d1fca6db-eac2-5d9f-8a6a-417e1a4e18f8 · Structured JSON: https://whiteintel.dev/api/public/dossier/d1fca6db-eac2-5d9f-8a6a-417e1a4e18f8._

_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"._