Russians’ investment into Virgin Islands jump 15 - fold, channeling profits from TNK-BP sale abroad — RT Business:
"Russians have redirected their offshore investment to the British Virgin Islands from troubled Cyprus, despite the government’s calls to bring the money back to Russia. TNK-BP sale helped boost Russian capital in the British tax haven to $31.7bn.
Overall, Russians invested $70 bn during the first quarter of 2013 into their offshore jurisdictions, according to the data by the Central Bank of Russia (CBR).
The British Virgin Islands was the most popular location, with Luxembourg taking the second place."
'via Blog this'
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