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 Oligarchs enjoy UK regime of offshore secrecy

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RR Phantom

RR Phantom

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Oligarchs enjoy UK regime of offshore secrecy Vide
PostSubject: Oligarchs enjoy UK regime of offshore secrecy   Oligarchs enjoy UK regime of offshore secrecy Icon_minitimeFri Nov 30, 2012 10:30 pm
Britain's friendly regime of offshore secrecy has tempted an extraordinary array of post-Soviet billionaires to descend on London, sometimes to the sound of gunfire.

Vladimir Antonov fled permanently to Britain after his father, Alexander, was gunned down in a Moscow street in 2009. Another associate, German Gorbuntsov, narrowly survived shots in London last March.

When Mr Antonov bought a luxury yacht in Antibes, the Sea D, he was careful to register ownership to an anonymous British Virgin Islands (BVI) entity, Danforth Ventures Inc.

He found funds to take over the ailing Swedish car manufacturer Saab, although he did not take control. He did succeed, for a while, in owning the even more ailing Portsmouth football club.
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Mr Antonov is on bail in Britain. Lithuanian authorities are trying to extradite him for allegedly looting their collapsed Bank Snoras, which he denies.

Read more: http://www.smh.com.au/world/oligarchs-enjoy-uk-regime-of-offshore-secrecy-20121130-2amfo.html#ixzz2Dldstb6d

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