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Cypriot police open investigation into Roman Abramovich's assets
BBC • • world
Key Points:
- Cyprus police have launched an investigation into Roman Abramovich's financial affairs following a BBC Panorama report alleging Deloitte helped falsify documents to conceal his wealth and evade taxes.
- The probe, led by the Financial Intelligence Unit, aims to determine if any criminal acts occurred, with police examining Deloitte's role and other involved parties.
- Leaked documents revealed that assets worth $672 million, including yachts and jets, disappeared from Abramovich's company accounts in 2006 through schemes allegedly advised by Deloitte.
- Abramovich's lawyers deny any wrongdoing, stating there is no evidence he authorized document falsification, while Deloitte Cyprus claims it acted in compliance with laws but cannot comment on decades-old files.
- The investigation is expected to last several months and is part of broader reporting by international media partners on Abramovich's offshore financial operations spanning 1995 to 2022.
