Report Claims Anastasiades Firm Tied to Russian Money Laundering

(Julien Warnand, Pool Photo via AP, FILE)

Cypriot President Nicos Anastasiades’ former law firm arranged business deals linked to a friend of Russian President Vladimir Putin and a network of companies used in various financial crimes, the Organized Crime and Corruption Reporting Project (OCCRP) said in a report.

It was linked to the Magnitsky scandal, the largest tax fraud in Russian history, that showed monies from the Russian treasury ended up in a company now owned by the son of Moscow’s former transportation minister.

Anastasiades has worked to strengthen his country’s relationship with Russia while dealing with international criticism of its lax financial and money laundering controls, OCCRP noted, adding that several years before his 2013 election, the law firm he established and co-owned, was doing dubious deals.

Records from the defunct Lithuanian Ukio Bankas, obtained by OCCRP and 15min.lt and analyzed by a joint team from OCCRP, IRPI, and Global Witness, reveal the law firm’s work executing complex deals that moved Russian money to and from shell companies created by and associated with the firm, it was claimed.

Two of those shells — Batherm Ventures Ltd. and Matias Co Ltd. — appear to be deeply entwined with the Troika Laundromat, a network of shell companies that operated from 2006-13 moving at least $4.6 billion and enabling users to hide assets, evade taxes, or launder money.

The leaked documents also suggest that Alexander Abramov, a Russian billionaire, was behind both companies, and used them to buy a major Russian energy concern at an enormous discount.

Abramov later received a Cypriot Golden Visa that comes with a European Union passport -with the help of the Anastasiades law firm, the report also added.

Cyprus has been criticized for lax oversight of the Golden Visas that critics said could be used by criminals and money-launderers with the island having a reputation for hiding dirty money, but Anastasiades defended the practice and said other EU countries had worse records.

The documents don’t show any evidence that a crime was committed but, said OCCRP, raise serious questions about dealings between Anastasiades’ law firm, his associates, and Russian financial networks used for criminal activity, compromising Cyprus’ independence.

5 Comments

  1. So who sponsors the OCCRP?

    The Organized Crime and Corruption Reporting Project (OCCRP), founded in 2006, is a consortium of investigative centers, media and journalists operating in Eastern Europe, the Caucasus, Central Asia and Central America.

    In other words..they are payed by Billionaire Oligarks or their corrupt politicians do what they now do in Western Media ..which is to fabricate real or not criminal breaking of international laws or corrupt financial practices which serve the purposes of the organized crime families of the U.S, Israel, Saudi Arabia , and Turkey!

    Anastasiades must accept the East Med Partnership Act and surrender control of Cyprus to this organized crime families ..run by people like Jeffrey Epstein ..who launder money to terrorist organizations, bankers, and leaders of sate sponsored Terrorism in Syria!,

    While TNH prints this article..it hides another OCCRP. release.. how one of the largest commodity trading companies in the world transferred money to an Israeli contractor accused of fueling conflict in South Sudan.

    TNH does not print that the South Sudanese government launched a multi-million dollar farms project that would feed its people and even export the surplus!.

    But the farming project was instead used to cover up the sale of approximately US$150 million in weapons, including rifles, grenade launchers, and shoulder-fired rockets. In December, an Israeli security , services firm contracted to run the project
    .

  2. cont..
    as well as its owner, were Black listed for allegedly fueling the conflict by supplying arms to both South Sudan and opposition forces!

    The South Sudan civil war started as a power struggle in 2013, just two years after the country’s independence from Sudan, and escalated along ethnic lines, killing almost 400,000 people and displacing millions.

    lesson to be learned .. TNH.. is clearly the mouth piece of the Greek Secret Society of Ahepa Masons, whose loyalty is to the “Glory of America and Israel”.. and merely are political fronts for both to the Greek Community!

    Therefore, the same time as both releases went out.. TNH..chose to ignore another example of how the U.S , Israel , Saudi Arabia and Turkey .. have like Mobsters .. funded and imposed the war crimes invasion and bombngs of the foreign countries of the world …and importantly, demonstrates how Western Media is simply a corrupt institution.. of organized crime to protect their illegal activities!

    The Jeffrey Epstein hit ..is no different that the state sponsored hit on Kennedy, King Oswald, the journalist in Turkey, Russian diplomats, and the string of Hillary and Bill Clinton of cover up murders ..including the real DNC in house Hacker, who was shot dead on a corner in Washington D.C~ All to cover up the FBI, Justice department , C.I.A , State Department, Congressional media corruption supporting ..the policies of what we may call Fascist..but more like, degenerate mobsters!

    1. Hey Berty … whose wars are you referring to ..Iran, Iraq, libya, Syria, Yemen, Venzuela, lebanon, Sudan, Somalia, Afghanistan..or the war in Northern Cyprus !

      The last I heard .. U.S and Israel ..haven’t won any of these wars against goat herders and guys with bow and arrows,..as a matter of fact..their proxy armies are about to be disposed in Syria! So far the only thing BiBi can do is fire missiles into Syria from the skies over lebanon to save his Al Queda terrorist from their soon to be extinction!

      Is Berty a woman or man’s name..I never heard anybody with a Greek Name called Berty.. maybe, it short for Bugsy Segal ..you know the notorious Jewish mafia crime boss in Las Vegas who with Meyer lansky and AL Capone started Murderer Inc..which probably is now called Mossad and C.I.A!

      Hey Berty… So far ..machine gun Bibi Netanyahue has only mowed down about 3000 unarmed Palistinians, and nothing more..so I think I have a better chance of winning Cyrpus’s wars with my little toothpicks!

      These Guys..are even losing their number 1 ally for the last 20 years ..Turkey…to overthrow the real owners of the Golan Heights… as stated by the U.N. ..Syria!

      Don’t worry ..as soon, as Dr.Assad defeats U.S. , Turkey and Israel in Syria.. next stop Golan Heights, even if the rename it Trump Heights!.

      ..

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