#offshore-financing

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Chelsea
fromwww.theguardian.com
2 days ago

Investigation may be looking at whether Roman Abramovich's Chelsea sale cash is proceeds of crime'

Jersey authorities are investigating whether the £2.4bn from Roman Abramovich's 2022 Chelsea sale constitutes proceeds of crime, potentially affecting the frozen funds and complicating disputes with the UK government.
fromFuturism
5 months ago

Elon Musk Caught Letting China Invest in SpaceX, a Huge US Military Contractor

The news comes after ProPublica previously reported in March that SpaceX allows Chinese investors to buy a stake in the company - as long as funds are "routed through the Cayman Islands or other offshore secrecy hubs." The reporting suggested that SpaceX was trying to avoid scrutiny of its ties to China. Case in point, the company canceled a 2021 deal worth $50 million with a Chinese firm when plans became public, according to ProPublica 's reporting.
US politics
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