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
TL;DR
- Leaked corporate records suggest Roman Abramovich's aides and Deloitte falsified paperwork through backdating to disguise assets and dodge taxes.
- The strategy appears to have been in place from 1999 to at least 2013, involving billions of pounds shifted between offshore jurisdictions.
- Documents indicate schemes to eliminate tax liabilities, such as making $2bn disappear from a company's balance sheet.
- One aide, Eugene Tenenbaum, may have given false evidence to the UK high court.
- Abramovich's lawyers deny any wrongdoing, asserting reliance on professional advice.
- Deloitte Cyprus stated it acts in compliance with laws and could not access old material.