CyprusDeloitte Cyprus Accused of Aiding Abramovich in Hiding Assets
An international investigation alleges that Deloitte Cyprus employees backdated over 1,000 documents to help Russian billionaire Roman Abramovich conceal assets and avoid taxes.
Background
Cyprus has long been a significant financial hub, attracting substantial foreign investment, including from Russia. Following international sanctions against Russia, there has been increased scrutiny on financial institutions in Cyprus regarding their compliance and potential role in facilitating asset concealment.
Quorum · collective opinions
Investigation into alleged tax evasion by Roman Abramovich
First report 1h agoLast update 1h agoExperts and documents indicate a clear plan of direct tax evasion through falsified documents to avoid property tax payments.
Deloitte Cyprus Accused of Aiding Abramovich in Hiding Assets
First report 4h agoLast update 2h agoReports claim Deloitte Cyprus assisted Roman Abramovich in illicit financial activities by backdating documents to hide assets and evade taxes.
iWitness comments
No comments yet — be the first to weigh in.