{"id":121428,"date":"2023-11-15T00:49:03","date_gmt":"2023-11-15T00:49:03","guid":{"rendered":"https:\/\/uklevitrasupport.com\/?p=121428"},"modified":"2023-11-15T00:49:03","modified_gmt":"2023-11-15T00:49:03","slug":"leaked-document-links-abramovich-to-26-million-deal-with-putins-wallets","status":"publish","type":"post","link":"https:\/\/uklevitrasupport.com\/world-news\/leaked-document-links-abramovich-to-26-million-deal-with-putins-wallets\/","title":{"rendered":"Leaked document links Abramovich to \u00a326 million deal with Putins wallets"},"content":{"rendered":"

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Former Chelsea owner Roman Abramovich has reportedly been linked to a multi-million trail that leads to two Russian oligarchs known as Vladimir Putin’s “wallets”.<\/p>\n

The 55-year-old has been sanctioned by the UK Government as well as the EU in the wake of the Russian invasion of Ukraine. He has previously denied being connected to the Russian president.<\/p>\n

But a BBC investigation has now found leaked documents from Cyprus that reportedly link the Russian oligarch to a secret \u00a326 million deal 13 years ago. The Beeb says the secret deal saw shares of Video International – a Russian advertising company – transferred for less than they were worth.<\/p>\n

It says the transactions were believed to be made by companies that were owned by Abramovich and two members of Putin’s inner circle. They returned millions of dollars of dividends from the deal.<\/p>\n

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The BBC investigation says a complex web of companies based in Cyprus and the British Virgin Islands, along with a trust, were concealing Ambrovich’s allged involvement. However the broadcaster says documents show the tycoon had a relationship with two companies that held 25% in Video International, reports The Sun.<\/p>\n

The two companies – Finoto Holdings and Grosora Holdings – were created in early 2003. Through a number of shell firms, they were owned by the Sara Settlement Trust, of which Ambramovich is a beneficiary, the BBC says.<\/p>\n

Each company bought a 12.5% stake in Video International in September 2003 for about \u00a380,000 each. The firms were said to have then been sold to Med Media Network and Namiral Trading.<\/p>\n

Vladimir Milov, a former energy minister in Putin’s first term and now a vocal opposition leader, said the price paid was “ridiculous”. “That stake was clearly worth much more, by many orders of magnitude,” he told the BBC.<\/p>\n

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