Cyprus Police Investigate Financial Affairs of Roman Abramovich Following Deloitte Revelations

Cyprus police have opened an investigation into Roman Abramovich's financial affairs after BBC Panorama revealed that accountancy firm Deloitte allegedly helped falsify documents to conceal his wealth and evade tax. The investigation focuses on 2006 accounts signed off by Deloitte in Cyprus, which showed assets like superyachts, mansions, and private jets worth $672m vanishing from Abramovich's company accounts. The evidence comes from leaked files detailing his finances and offshore companies administered from Cyprus between 1995 and 2022. Abramovich's lawyers deny evading tax or concealing his fortune, while Deloitte Cyprus stated it acts "in compliance with applicable laws."