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Russian oligarchs

Cyprus Investigates How Local Companies Help Russian Oligarchs

Cyprus law enforcement is investigating the attempted £1 billion (about $1.2 billion) stake transfer by a Russian oligarch on the day he faced EU sanctions. The inquiry is currently in progress, The Guardian reported. This revelation follows the disclosure that...

Cyprus Braces For New US and UK Sanctions

The Republic of Cyprus is bracing for another round of sanctions, this time levied by the United States and the United Kingdom. The sanctions are believed to be in connection with the war in Ukraine and will likely be...

Oligarchs: From Ancient Greece to Russia and the U.S.

The term "oligarch" has become commonplace in the wake of the war in Ukraine, but its roots date all the way back to ancient Greece. Oligarchs are extremely wealthy people who hold a large amount of power in their countries....

Senator Menendez Slams Turkey for Welcoming Russian Oligarchs

Senator Bob Menendez slammed Turkey on Saturday for welcoming sanctioned Russian oligarchs into the country saying that this is the exact opposite message that the rest of NATO and indeed the world are sending. "Some partner. Turkey must step up...

Russian Oligarchs Send Messages Calling for Peace in Ukraine

Russian oligarchs, the impossibly rich men who are often cronies of Russian President Vladimir Putin, are not all falling in line with him during the upheaval that has followed the Russian invasion of Ukraine. With sanctions being levied against them...

Guardian: Cyprus Selling EU Citizenship to Super-Rich Russians and Ukrainians

The Guardian newspaper has revealed that a number of Russian and Ukrainian oligarchs have obtained Cypriot, and therefore European citizenship, in exchange for billions in investment. The British paper says it has in its possession a leaked list of names...

While Cyprus Frets, Its Russians Dance

Russian oligarchs, businessmen and alleged mobsters who have poured their money into Cyprus over the last couple of decades, and now could stand to lose millions if the government confiscates up to 20 percent of their bank accounts as...