Volt questions Cyprus probe into Abramovich tax claims, cites €25m Blue Ocean case

Volt on Wednesday pressed for answers on investigations into the alleged use of Cypriot companies and professional services by Russian oligarch Roman Abramovich to avoid paying tax, saying accountability was still lacking three and a half years after Britain imposed sanctions on people and companies in Cyprus. The party pointed to the case of Blue Ocean, which it said had estimated tax debts of around 25 million euros, was struck off the Registrar of Companies in 2024 and restored by court order in 2025 after former Volt MP Alexandra Attalidou raised it in parliament. Criminal prosecutions were subsequently brought against two former directors of the company. Volt said that despite information handed to authorities since 2023 and assistance from foreign authorities, key questions remain unanswered, including what progress investigations have made and whether the role of those who may have organised and benefited from the transactions has been examined.