Literally a month ago, the authorities of the European Union and Great Britain imposed sanctions against the Russian oligarch Mikhail Fridman. All his accounts are frozen, and he is allowed to spend only two and a half thousand pounds a month on life. And even then – at the same time, he is obliged to […]
JSC “Alfa-Bank ” Mikhail Fridman still does not start deoffshorization and habitually uses a large structure of offshore companies, created mainly in Cyprus and the British Virgin Islands. The virtuoso Cypriot fiduciary registrar company ABACUS, which belongs to persons close to Alfa-Bank, is coordinating the creation of the offshore octopus. It also provides nominee directors and its address for registration of legal entities. Russian courts pretend not to understand that the directors are nominee, and all companies are registered at the same offshore mass registration address controlled by the same ABACUS company.