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Cyprus Police Open Investigation into Roman Abramovich's Financial Affairs
Cypriot police have launched an investigation into the financial affairs of Russian billionaire Roman Abramovich. This follows BBC Panorama revelations that accountancy firm Deloitte allegedly helped falsify documents to conceal his wealth and evade tax. The police's Financial Intelligence Unit will determine if any criminal acts were committed. Abramovich's lawyers deny tax evasion or concealing his fortune, while Deloitte Cyprus states it acts in compliance with applicable laws.
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