Bank accounts of billionaire Prokhorov in Cyprus frozen
The credit institution in which the oligarch kept his money, is accused by the U.S. Treasury of involvement in money laundering and arms sales.
Russian billionaire Mikhail Prokhorov has 23 bank accounts in FBME Bank Ltd in Cyprus, which was accused by the U.S. Treasury of suspicious operations. In particular, the US Agency suspected a credit organization of money laundering, sales of weapons, violating of sanctions and financing of terrorism.
The Daily Beast, citing a confidential report of the Central Bank of Cyprus from 2014, wrote that all bank accounts were opened on the nominees. The sum Russian businessman kept in the bank was not specified.
Now, according to the publication, all bank accounts are frozen. In may, the Central Bank of Cyprus has revoked the license of FBME; the credit institution to be liquidated soon.