Cyprus Police Probe Abramovich's Tax Evasion
Cyprus Police have launched an investigation into possible tax evasion by Roman Abramovich. Cyprus Police are checking whether Russian billionaire Roman Abramovich could have evaded tax payments using forged documents.
Consensus
- Cyprus police are investigating Roman Abramovich's financial activities.
- The investigation follows a BBC Panorama report on alleged tax evasion.
- Deloitte Cyprus is implicated in the case.
- Documents were allegedly falsified to hide assets and avoid taxes.
- Assets worth $672 million were reportedly removed from Amiscan Investments.
- The investigation focuses on financial operations between 2003 and 2006.
- The probe may take about six months.
- The assets included a $147.5 million yacht, a mansion in West Sussex, and a London apartment.
- Documents were allegedly backdated to 2003 to facilitate the transfer of assets to the British Virgin Islands.
- Amiscan Investments' records were altered to show only $75,000 in assets after the transfer.
Points of divergence
- Deloitte Cyprus helped Abramovich hide assets worth $672 million, including mansions, yachts, and private jets. — tg_bbcrussian
- Abramovich's lawyers deny any knowledge of or involvement in document falsification. — tg_bbcrussian
- The investigation involves the registration company MeritServus in addition to Deloitte Cyprus. — tg_moscowtimes_ru
- The transfer of assets was facilitated through the British Virgin Islands. — tg_moscowtimes_ru
- The investigation is expected to take about six months. — tg_moscowtimes_ru
Coverage (5 sources)
- Cyprus Police Begin Investigation into Possible Tax Evasion by Roman Abramovich — SOTAvision
- Cyprus Police Launch Investigation into Abramovich Financial Operations Following Report on $10 Billion Asset Hiding — The Insider
- Cyprus Police began investigation into possible tax evasion by Abramovich. According to journalists, one of the world's largest audit firms helped him in this. — Meduza
- Cyprus Police Investigate Abramovich's Tax Evasion After BBC Report — BBC News Русская служба
- Cyprus Police Begin Investigation into Billionaire Abramovich's Financial Misdeeds — The Moscow Times