What’s wrong with making money? That is one of the central questions being asked by private financier Kalani Investments, the British Virgin Islands-based firm that has been accused in a lawsuit of making $40m or more off the $700m in financing it provided New York-listed DryShips between June 2016 and August 2017.
Kalani, controlled by Toronto-based hedge fund executive Marc Bistricer and his Murchinson Ltd, is known for secrecy.
