Source: BBC News [UK state media]
“The world’s biggest accountancy firm helped in falsifying documents to hide Roman Abramovich’s wealth and evade tax, BBC Panorama has found. Accounts signed off by Deloitte in Cyprus meant assets such as superyachts, mansions and private jets worth $672m (£508m) vanished from Abramovich’s company accounts. Deloitte also appears to have advised on a scheme to evade a huge tax bill on the oligarch’s wealth through the falsification of documents. … Abramovich’s lawyers said he denies that he evaded tax or concealed his fortune. … For nearly two decades, Roman Abramovich was the most famous Russian oligarch in the UK, welcomed in London where he bought Chelsea Football Club in 2003 and bankrolled the club’s most successful period. But after Russia’s full-scale invasion of Ukraine in 2022, he was sanctioned by the UK government as an associate of President Vladimir Putin and forced to sell the club.” (10/12/26)