Millions of euros from Russia to the UK, via Cyprus
London, UK, June 02, 2017 / PressReleasePing / – The activities of the Russian oligarch Alexander Shchukin have thrown Cyprus into the vortex of the international media. According to media reports, the Russian authorities have asked Interpol for details about the bank accounts and offshore companies of Shchukin, which seem to have displaced some 500 million from Russia to the UK.
The international media has involved the Russian tycoon, which is currently under house arrest, in the event of conflicts of interest related to the possession of coal mines in the south-west of Siberia, blackmail and illegal assets.
More specifically, a recent report from the Russian website www.versia.ru, based on an older report by the British newspaper The Guardian, relates to Shchukin ‘s activities and the suspicious routes of millions of euros from Russia to the UK, through companies headquartered in Cyprus. It notes that Shchukin would use illegal and unfair practices to blackmail its competitors and put the coal mines under his control, which would then be transferred to Cypriot offshore companies.
The guardian gave details of the way Shchukin led to the light. According to the British newspaper, the former director of the mines Gramoteyinskaya and Tagaryshskaya, Igor Rudyk, was condemned to the unprecedented accusation of having an expired passport! After being arrested for 24 days, Rudyk was informed that he was in prison for five years.
He later told the guard that they had offered to free him, on the condition that he would sign the concession of the coal mines. I did it because I wanted to get out, he emphasized. According to the report, when the Gramoteyinskaya mine came into Shchukins possession, it was transferred to an offshore company in Cyprus, called Cyrith Holding.
All Russian businessmen knew that London was the best place to have their money and Cyprus the best transit point for this thing, versia.ru said. The same report refers in detail to the activities of the people in Shchukins narrow family circle. In particular, the husband of Shchukin’s daughter Elena, Ildar Uzbekov, the son of a former executive of the Russian energy giant Gazprom, appears to be the individual responsible for the transfer of the capital from Russia to the UK via the companies registered in Cyprus.
According to the ancient Greek myth, the goddess Aphrodite was born on the island of Cyprus by the Seafoam. Today, this myth has taken a different dimension: Dirty and criminal capital comes from Russia to the island of Aphrodite, where is washed And then sent to the United Kingdom as clean money, said versia.ru, adding that Shchukin, with the help of his father-in-law , Some 500 million moved to the United Kingdom through Cyprus.
Under house arrest for bribery with a BMW X5
Another case of the attempt to extract a coal mine was the reason that led to Alexander Shchukin’s arrest when the major shareholder Razrez Inskoy appealed to the federal authorities of Russia. Two deputy governors, the head of the District Criminal Police Office, the investigators and the staff of Alexander Shchukin were also arrested.
According to a report from the Russian newspaper Kommersant, Shchukin was charged with blackmail and tried bribery. In court, he gave an attempt to bribe the head of the CID district with a BMW X5 car. Today he is under house arrest, while the Russian police have applied to Interpol to investigate all of Shchukin’s offshore companies and bank accounts in Cyprus.
Cyprus authorities on the edge
During the turmoil in the US on the trains of the former boss of Donald Trump’s election campaign, Paul Manafort, about Cyprus continue with unbroken force, the reports on the Shchukin case are intensifying concerns. In any event, the authorities of the Republic have clarified that Cyprus has made all necessary checks and has signed agreements with foreign organizations for the best management of the phenomenon of tax evasion and money laundering.
They also stress that Cyprus has undergone strict controls during the era of the rescue package, while continuing to report to the EU and the IMF on money laundering. The central bank said in an announcement that it assessed and monitored the implementation of the requirements of the relevant legal and regulatory framework for money laundering by the supervised institutions on the basis of international and European standards.
London, United Kingdom