Roman Abramovich aides falsified paperwork to disguise assets and dodge tax, records suggest
Leaked documents from the 'Cyprus Confidential' cache suggest that Roman Abramovich's aides, including staff at Deloitte, backdated paperwork to hide assets and evade taxes. The findings indicate a long-term strategy to shield the Russian billionaire's wealth from international sanctions.
Why it matters
It exposes the role of major professional services firms in facilitating financial secrecy and circumventing international sanctions regimes.
Roman Abramovich has now been placed under sanctions by the UK and EU. Photograph: Alexander Hassenstein/UEFA/Getty Images Roman Abramovich has now been placed under sanctions by the UK and EU. Photograph: Alexander Hassenstein/UEFA/Getty Images Roman Abramovich Roman Abramovich aides falsified paperwork to disguise assets and dodge tax, records suggest Accountancy firm Deloitte Cyprus among those that appear to have backdated records outlining the Russian billionaire’s assets
Prefer the Guardian on Google A ides of Roman Abramovich – including staff at the global accountancy firm Deloitte – falsified paperwork mapping the oligarch’s sprawling offshore business empire, records suggest, helping his businesses dodge tax and disguise assets.
New analysis of leaked corporate records uncovers what appears to have been a long-running and carefully orchestrated strategy of backdating documents.
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