They have dozens of offices in the UK and Germany, 13 in Netherlands, …
It hardly seems surprising (nor damning) to have one in Cyprus.
It hardly seems surprising (nor damning) to have one in Cyprus.
Various controversies relating to bailouts after the financial crisis, the rise of anti money laundering controls in the late 2010s, and the Ukraine invasion have severed many of the ties but Abramovich was just one of many to take advantage in the past.
https://www.politico.eu/article/cyprus-is-losing-its-russia-... has a reasonable summary of how the relationship developed.
Deloitte Cyprus is a separate legal entity from all the other (separate, legal) Deloitte entities precisely so any consequences of tax evasion resulting from the...em...lax oversight in Cyprus don't impact all the other things called 'Deloitte'.
"The member firms are primarily organised on an individual country or regional basis and each operates within the legal and regulatory framework of its particular jurisdiction(s). They are separate and independent firms that have come together to practise under a common brand and shared methodologies, client service standards and other professional protocols and guidelines."
https://www.deloitte.com/ce/en/about/governance/network-bran...
But it could be the case!
What I suspect happened with Deloitte specifically is they found a way to appear to expand globally without taking on a lot of the risk. More like brand franchising.
Which is all to say that I wouldn't doubt Deloitte Cyprus (or other branches) have shady stuff going on, but that this structure wasn't designed specifically for that purpose.