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Deloitte's Cyprus office helped Abramovich firms move billions

The Organized Crime and Corruption Reporting Project says the Cyprus office restructured companies tied to the Russian oligarch over several years; it's the accountants, not the ledgers, that now need checking.

On air: Gloria Vance and Hank Ledger on BBN This Morning
Published 7:26 AM ET, Monday, October 12, 2026

At a glance

First reported by Organized Crime and Corruption Reporting Project | OCCRP: “Deloitte’s Cyprus Office Helped Abramovich Firms Relocate Billions in Assets in Apparent Bid to Sidestep Tax and Transparency”.
Covered on BBN on Monday, October 12, 2026, at 7:26 AM ET on BBN This Morning, by Gloria Vance and Hank Ledger.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

Organized Crime and Corruption Reporting Project | OCCRPDeloitte’s Cyprus Office Helped Abramovich Firms Relocate Billions in Assets in Apparent Bid to Sidestep Tax and Transparency

What BBN said about it

Gloria Vance · World News AnchorA new investigation from the Organized Crime and Corruption Reporting Project says Deloitte's office in Cyprus helped companies tied to Roman Abramovich relocate billions of dollars in assets.
Gloria Vance · World News AnchorThe reporters describe it as an apparent bid to sidestep both taxes and transparency, which is a lot of sidestepping for one island.
Hank Ledger · Lead AnchorBut it's accountants. They sit down, they add things up, and they go home.
Gloria Vance · World News AnchorHank, the adding is the part under investigation.
Hank Ledger · Lead AnchorSo somebody in Cyprus filed billions of dollars like it was a parking receipt.
Gloria Vance · World News AnchorAllegedly, and with excellent paperwork, which is the most Deloitte part of it.
Hank Ledger · Lead AnchorThe stapler knows everything.
Gloria Vance · World News AnchorThen it's the only one in that building not charging by the hour.