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PARTNERS WILL NOT BE EXPOSED TO PHOENIX FREEZE
April 19, 2021 11:38 am
By Matt Stewart, Racing Editor
Horse ownership partners of
prizemoney freeze imposed on the embattled global bloodstock operation.
Both
US court investigates allegations of money laundering for fake cryptocurrency OneCoin by Phoenix Group
owner Amer Abdulaziz.
Golden Slipper winner Farnan and former champion filly
Loving Gaby. Farnan has been retired to
Kia Ora Stud in the
Hunter Valley. Loving Gaby has also been retired to broodmare duties.
Phoenix was involved in the purchase of 19 yearlings this season in Australasia, some in partnership with
Aquis Farm owner Tony Fung. They included a
Phoenix Thoroughbreds Has Purse Money Frozen
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Phoenix Thoroughbreds Has Australian Purse Money Frozen
bloodhorse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloodhorse.com Daily Mail and Mail on Sunday newspapers.
NSW: Prize Money For Owner Phoenix Thoroughbreds Frozen Over Money Laundering Allegations Sponsored by:
Amer Abdulaziz, founder and CEO of Phoenix Thoroughbreds
Racing New South Wales has frozen the prize money of owner Phoenix Thoroughbreds, reports
Just Horse Racing, over allegations the founder Amer Abdulaziz is involved in money laundering.
“Racing NSW has investigated the matter and any allegation made in respect to legal proceedings internationally is denied by Mr. Abdulaziz,” said Racing NSW chairman of stewards Marc Van Gestel. “Pending the outcome of those matters Racing NSW is freezing the prizemoney of horses raced by Phoenix Thoroughbreds.”
Just Horse Racing reports: “In January, Phoenix and Canberra casino owner Tony Fung were the top buyers at the Magic Millions yearlings sale having spent $11.6 million on 19 horses.”