Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries US to assist Cyprus in crackdowns against anti-Russia sanctions violations By: FOXNews.com December 06, 2023 at 14:39 PM EST American and Cypriot officials are set to launch a collaborative effort to assist investigations into sanctions violations by Russian oligarchs. A group of experts from the United States is in Cyprus to assist law enforcement authorities with investigations into alleged sanctions evasion by Russian oligarchs, Cyprus’ government said Wednesday.Spokesman Constantinos Letymbiotis told reporters that President Nikos Christodoulides has met the experts who will advise police on how best to conduct probes into cases involving financial crimes. They will stay for a few days in the east Mediterranean island nation and return later to continue providing assistance.Cypriot officials said the six-member team includes experts from the Federal Bureau of Investigation and the Department of Justice. The officials spoke on condition of anonymity because they were not allowed to discuss the matter publicly.US SANCTIONS 3 SUDANESE OFFICIALS OVER TIES TO EX-DICTATOR AL-BASHIRChristodoulides told The Associated Press in an interview last month that he personally reached out to a "third country" he didn’t name for help with new and old allegations that Cypriot financial service providers helped Russian oligarchs skirt international sanctions.The president said "many" probes into alleged sanctions evasion are running but wouldn’t give details.Christodoulides said he wants "absolutely no shadows" cast over the European Union member country because any adverse publicity would hurt efforts to attract "quality" foreign investment.The experts will assist a team of seven police investigators in sifting through old and new media reports alleging that Cyprus-based lawyers and accountants shifted Russian oligarchs’ money through a murky network of companies and trusts in order to avoid their seizure in line with sanctions related to Russia’s war in Ukraine.The latest allegations came in several stories published by the International Consortium of Investigative Journalists last month. They cited leaked documents claiming to show how some Cypriot firms helped Russian oligarchs move their money around to evade sanctions. Related Stocks: Fancamp Exploration Ltd Stock Quote API & Stock News API supplied by www.cloudquote.io Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
US to assist Cyprus in crackdowns against anti-Russia sanctions violations By: FOXNews.com December 06, 2023 at 14:39 PM EST American and Cypriot officials are set to launch a collaborative effort to assist investigations into sanctions violations by Russian oligarchs. A group of experts from the United States is in Cyprus to assist law enforcement authorities with investigations into alleged sanctions evasion by Russian oligarchs, Cyprus’ government said Wednesday.Spokesman Constantinos Letymbiotis told reporters that President Nikos Christodoulides has met the experts who will advise police on how best to conduct probes into cases involving financial crimes. They will stay for a few days in the east Mediterranean island nation and return later to continue providing assistance.Cypriot officials said the six-member team includes experts from the Federal Bureau of Investigation and the Department of Justice. The officials spoke on condition of anonymity because they were not allowed to discuss the matter publicly.US SANCTIONS 3 SUDANESE OFFICIALS OVER TIES TO EX-DICTATOR AL-BASHIRChristodoulides told The Associated Press in an interview last month that he personally reached out to a "third country" he didn’t name for help with new and old allegations that Cypriot financial service providers helped Russian oligarchs skirt international sanctions.The president said "many" probes into alleged sanctions evasion are running but wouldn’t give details.Christodoulides said he wants "absolutely no shadows" cast over the European Union member country because any adverse publicity would hurt efforts to attract "quality" foreign investment.The experts will assist a team of seven police investigators in sifting through old and new media reports alleging that Cyprus-based lawyers and accountants shifted Russian oligarchs’ money through a murky network of companies and trusts in order to avoid their seizure in line with sanctions related to Russia’s war in Ukraine.The latest allegations came in several stories published by the International Consortium of Investigative Journalists last month. They cited leaked documents claiming to show how some Cypriot firms helped Russian oligarchs move their money around to evade sanctions. Related Stocks: Fancamp Exploration Ltd
