Detained in France Russian senator Kerimov suspected in €400 million tax fraud

kerimov_tax_fraud

The French prosecutor’s office suspects member of the Russian Federation Council Suleiman Kerimov in tax evasion for a total of €400 million.

According to a source, since 2006 Kerimov has not paid taxes on the purchase of 5 villas. It is alleged that about €40 million were paid in cash. A real estate agent whose name was not disclosed was also arrested. The real estate manager of the politician was also detained, but released on €140,000 bail.

Kerimov was detained on November 20th at the airport of Nice. According to the investigation, he created a system of intermediaries and companies to purchase real estate on the Cote d’Azur. It is alleged that property prices have been specially understated in order to reduce taxes. The politician himself rejects these accusations. Kerimov was released on bail of €5 million, but he is prohibited from leaving France.

The Ministry of Foreign Affairs of Russia claim the actions of the French authorities are illegal, since Kerimov has diplomatic immunity. Their French counterparts say that diplomatic immunity does not extend to the essence of the tax fraud allegations.

Source: svoboda.org