Investigation links Deloitte Cyprus to Roman Abramovich asset management

A cross-border investigative report published on October 12, 2026, alleges that billions of dollars in assets belonging to Russian businessman Roman Abramovich were moved off the financial statements of Cypriot companies using backdated documents. The investigation, conducted by BBC Panorama, the Bureau of Investigative Journalism, the OCCRP, and the Cyprus Investigative Reporting Network (CIReN), builds upon the previous Cyprus Confidential leaks. It claims that a complex network of offshore companies, managed through Cyprus, was used to hide luxury properties, yachts, and private aircraft.

Key entities named in the report include the accounting firm Deloitte Cyprus and the corporate service provider MeritServus. Journalists allege these firms provided the necessary professional advice to facilitate the concealment of assets and potential tax evasion. While the investigative findings suggest a calculated effort to obscure wealth following global sanctions, Deloitte Cyprus has denied the allegations, stating that the firm operates in full compliance with all applicable laws and regulatory requirements.