Andrew Witts is chairman of the firm and maintains an active practice advising clients on fraud and asset recovery cases, with a particular emphasis on the coordination of multijurisdictional matters.
He enjoys working closely with clients to develop and implement case strategies, and maintains a network of international specialists on behalf of the International Chamber of Commerce that allows him and other fraud litigation experts to operate seamlessly worldwide.
Andrew has been involved in a number of high-profile international fraud matters, working for state governments, administrators, liquidators, corporates, banks and trust companies.
His current cases include acting for the Federal Republic of Brazil and the City of Sao Paulo on the long-running case involving Paulo Maluf, acting for the Antiguan Liquidators of Stanford International Bank and acting in relation the Bernard Madoff Ponzi scheme.
He is also one of the founder members of ICC Fraudnet, the International Chamber of Commerce-endorsed network of fraud and asset recovery specialists. Now with more than 75 members in over 60 jurisdictions, ICC Fraudnet is established as the leading network of its kind with members working collaboratively to help tackle international fraud and corruption.
As chairman, Andrew is responsible for giving strategic leadership to the firm, and for the firm's relationships with its clients.
Andrew's clients include state governments, insolvency practitioners, corporates, banks and trust companies.
Andrew has been involved in a number of high profile fraud matters.
- He acted for Deloitte as the Cayman liquidators of Bank of Credit and Commerce International (BCCI), a major international bank which at its peak operated in 78 countries and had assets in excess of US$20 billion. During the 1980s the bank was the seventh largest private bank worldwide by assets, before it collapsed under regulatory scrutiny and was forced into liquidation in 1991.
- Andrew continues to represent The Federal Republic of Brazil and the Municipality of Sao Paulo in claims against the former Mayor of Sao Paulo, Paulo Maluf, in relation to the misappropriation of public funds. This was the largest and most wide-ranging corruption case undertaken by Brazil, involving several jurisdictions in the investigation and repatriation of stolen money.
- Andrew worked for the Republic of Maldives with regard to claims against a former president.
- He advised the Government of Ukraine on claims against two former prime ministers.
- He currently acts for Grant Thornton as Antiguan liquidators of Stanford International Bank, a bank based in the Caribbean started by the American real estate magnate Allen Stanford. In 2009 the US Securities and Exchange Commission charged Mr Stanford with fraud, accusing him of misappropriating billions of dollars of investors' money and falsifying bank records, and froze the assets of the bank. Mr Stanford was then sentenced to 110 years in prison.
- He is currently advising in relation to the Kingate Funds, being Bermuda-based "funds of funds" and one of the largest investors in the Bernard Madoff Ponzi scheme, on claims that resulted following the scheme's collapse.