There is so much money parked in the Cayman Islands, I’m surprised they don’t capsize.
My understanding is that US pressure has eliminated banking privacy there. But, the US doesn't, AFAIK, have access to accounting and tax information of entities there other than bank records.
This is a majore accusation--not only the favoritism part in the granting of the sure to profit loans--but also the implication of tax fraud through unreported earnings off of those loans.
But, that part is just a guess; the favoritism seems obvious.
Thank goodness bits have zero mass.