Russian billionaire Roman Abramovich, currently sanctioned by the EU, does not appear on any documents relating to a Cyprus-registered company chartering yachts and which dissolved in 2024 while having €14 million in outstanding VAT debts, MPs heard on Thursday.
Authorities said they cannot track down the directors or shareholders of the company, Blue Ocean, meaning the outstanding amount cannot be collected.
Cyprus’ trust laws in the early 2000s apparently allowed
