web In a landmark legal challenge to overturn his sanctioning by the UK, a billionaire businessman told the High Court he’d never received financial benefit from the oligarch Roman Abramovich. But a joint investigation by the Bureau of Investigative Journalism and the Organized Crime and Corruption Reporting Project (OCCRP) can reveal that the oil and steel tycoon Eugene Shvidler personally borrowed at least $637m from Abramovich, of which at least $545m appears to have been essentially gifted
Background - In response to Russia’s invasion of Ukraine in February 2022 the UK, in parallel with the U.S. and the EU, significantly expanded its sanctions against Russia by.
Sanctions and the systems and controls companies have in place to comply with them seem to be back in the spotlight. In addition to guidance recently published by the.