Roman Abramovich under investigation in Jersey over corruption and money-laundering claims

"The information has emerged from the federal criminal court in Switzerland, where judges ordered the release of documents, relating to multiple Swiss bank accounts, that had been requested by the Jersey attorney general. The Channel island's authorities have been battling companies suspected of being connected to the Russian oligarch in the Swiss courts as part of their investigation into his vast wealth."

"Their appeal was rejected in May, with Swiss judges saying that Jersey had presented enough evidence to justify handing over the documents. The sale of Sibneft to the Russian government in 2005 netted Abramovich $13bn. Photograph: Alexander Natruskin/Reuters Copies of the judgments set out how Jersey made its request to Switzerland in connection with two distinct matters."

Jersey authorities are conducting a criminal investigation into Roman Abramovich over alleged corruption and money laundering tied to the original sources of his wealth. Swiss federal criminal court judges ordered the release of documents relating to multiple Swiss bank accounts at the request of the Jersey attorney general. Jersey has pursued companies suspected of links to Abramovich in Swiss courts and froze more than $7bn of assets suspected to be linked to him after Russia's 2022 invasion of Ukraine. Investigators are probing wealth accumulated during Russia's 1990s–2000s privatizations, including proceeds from the 2005 Sibneft sale. Abramovich denies wrongdoing.

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