AssetID: 56084805
Headline: UNCAPTIONED: Documents Allegedly Falsified To Evade Tax On Abramovich's Wealth
Caption: Documents Allegedly Falsified To Evade Tax On Abramovich's Wealth. A BBC Panorama investigation alleges documents were falsified to conceal Roman Abramovich's wealth and evade tax, with accountancy giant Deloitte implicated. The investigation found accounts signed off by Deloitte Cyprus meant $672 million worth of assets, including superyachts, mansions and private jets, disappeared from company accounts. Panorama also alleges Deloitte advised on a scheme involving falsified documents that was designed to avoid a substantial tax bill on Abramovich's fortune. Financial services barrister Andrew Mitchell KC told Panorama the evidence indicated "straightforward" tax evasion and described it as “blatant”. Abramovich's lawyers denied he evaded tax or concealed his fortune, saying there was no evidence he knew about or authorised the falsification of documents. Deloitte Cyprus said it operates in compliance with applicable laws, while the findings came from a joint BBC Panorama and Bureau of Investigative Journalism investigation. The investigation examined leaked documents detailing a network of offshore companies used to manage Abramovich's fortune from Cyprus between 1995 and 2022. Abramovich was sanctioned by the UK following Russia's 2022 invasion of Ukraine, while £5.4 billion of his assets remain frozen in Jersey amid a separate investigation. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Roman Abramovich,Deloitte,BBC Panorama,tax evasion,Cyprus,offshore companies,Chelsea,MeritServus,Russian oligarch,financial investigation,leaked documents,accounting,wealth,superyacht
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