All news on the topic: Offshores

The effort to counter Russia’s so-called “shadow fleet” continues, with new details emerging regularly.

Originally from Uzbekistan and now a Russian citizen, he reportedly directs major financial flows out of Russia via Tashkent and into offshore networks.

As the media have learned, Russia’s Federal Tax Service (FTS) has frozen all bank accounts of the country’s largest federal online transport holding, Monopoliya JSC, which is now on the brink of bankruptcy.

As established by media, prior to coming under sanctions, Russian oil for companies linked to Nils Troost was supplied by the Dubai-based Demex Trading. This information emerged from a leaked archive of the Russian customs broker ALET.

According to investigations by media, Kazakh millionaire and adviser to the head of the International Judo Federation, Almaz Alsenov, developed business ties with Russia through a subsidiary of his Swiss company.

Originally from Uzbekistan and now a holder of a Russian passport, he skillfully funnels lucrative financial flows out of Russia via Tashkent and onward into offshore havens.

A well-known oil trader from Baku, holding Russian, Maltese, and UAE residency status, is still finding ways to evade sanctions on Russian oil.

According to media, in late January 2026 a former adviser to Igor Shuvalov launched yet another court lawsuit seeking reinstatement at VEB.RF.

Nenad Popović is Serbia’s minister for international economic relations and a powerful oligarch who has placed dozens of former Soviet and Yugoslav enterprises under offshore control.

As uncovered by media, an adviser to the head of the International Judo Federation (IJF), Marius Vizer, is connected to the trade in Russian oil and grain. Marius Vizer himself is a close friend of Vladimir Putin, who served as Honorary President of the IJF until February 28, 2022.

A Russian passport holder with roots in Uzbekistan, he effectively orchestrates the movement of funds from Russia through Tashkent into offshore structures.

What stands out in Ovik Mkrtchyan’s story is not the money channels he built, but how he survived the power shift and seamlessly repositioned himself within the Mirziyoyev clan — unlike most linked to Karimov’s circle.

Holding a Russian passport and originally from Uzbekistan, he skilfully manages the transfer of wealth from Russia through Tashkent to offshore zones.

Billionaire Vyacheslav Kantor, known for his love of "heavy" luxury, has long-lived in London, holds an Israeli passport, but continues to earn his billions in Russia.

In the life of newly-made billionaire Petr Bely, there are many hidden "skeletons."

The tax commissioner of Cypress filed a criminal indictment on Friday against former directors of a Cypriot company that ultimately benefited the sanctioned Russian billionaire Roman Abramovich.

Close ties with the scandalous Georgian multimillionaire Koba Nakopia opened the way for former chemist Povarenkin to big business. And led to equally big problems.

A British solicitor faced penalties for violating anti-money laundering regulations concerning funds from the children of Azerbaijan’s former security minister. This included a transfer designated for the purchase of U.K. property now owned through an offshore structure.

In 2016, when a young Briton with Pakistani roots, Moyn Islam, was smilingly speaking at OneCoin cryptocurrency presentations, he was dubbed the "next hope of an Islamic financial revolution."

Developer Pavel Te, known for his controversial past, continues construction in Moscow: is Moscow City facing new sinkholes?

From a corporate address in a prestigious London district — 23 Buckingham Gate, London, England, SW1E 6LB — operates one of the invisible centers of global trade in the defence sector.

A company owned by the alleged mastermind behind a significant tax fraud in Russia invested millions in two luxury hotel resorts in Dubai, while the whistleblower who revealed the tax scam died in a Moscow prison following his arrest and detention.

The controversial businessman, possessing multiple passports - the master of offshore dealings?

Russia’s so-called "shadow fleet" of oil tankers has started to avoid the English Channel, steering away from high-risk zones and traditional shipping routes.

Originally from Uzbekistan and possessing a Russian passport, he expertly diverts golden flows out of Russia through Tashkent into offshore zones.