Russian tycoon Kerimov back under investigation in France over tax
22 Mar 2019

A French judge placed Russian tycoon Suleiman Kerimov back under formal investigation on suspicion of complicity in aggravated tax fraud, the prosecutor in the southern city of Nice said on Wednesday.

French investigators allege that Kerimov, whose family controls Russia’s largest gold producer Polyus, deceived the tax man over the true price of luxury villas purchased on the Riviera to avoid taxes in France.

Kerimov strongly denied any wrongdoing and will launch an appeal, his lawyers said in a statement to Reuters.

By Matthias Galante, Reuters, 20 March 2019

Link to Reuters

Count reading this article to your CPD minutes, by signing up to our CPD Wallet

No Responses to “Russian tycoon Kerimov back under investigation in France over tax”

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.