---
title: "FLAG Telecom Development Limited — Ownership Dossier"
canonical: https://whiteintel.dev/entity/df7fe517-4427-56d1-af84-d31f736f61a1
json: https://whiteintel.dev/api/public/dossier/df7fe517-4427-56d1-af84-d31f736f61a1
identifier: icij:icijol-82003709
jurisdiction: BM
risk: High
source: WhiteIntel corporate-ownership graph
---

# FLAG Telecom Development Limited

**Type:** Company  
**Jurisdiction:** BM  
**Identifier:** `icij:icijol-82003709`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/df7fe517-4427-56d1-af84-d31f736f61a1  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/df7fe517-4427-56d1-af84-d31f736f61a1  

## Ownership & control

### Owners / controllers

- **FLAG Telecom Holdings Limited** (shareholder of) — https://whiteintel.dev/entity/fc924afc-3bbe-5be6-bc3c-ba5f192ebe61
- **FLAG Telecom Group Limited** (shareholder of) — https://whiteintel.dev/entity/111323e3-17b6-55d0-9bf6-c05907f38bae

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

A **17-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/82003709

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **FLAG Telecom Development Limited**. Human view: https://whiteintel.dev/entity/df7fe517-4427-56d1-af84-d31f736f61a1 · Structured JSON: https://whiteintel.dev/api/public/dossier/df7fe517-4427-56d1-af84-d31f736f61a1._

_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"._