Cyprus police open investigation into financial affairs of Roman Abramovich

Police in Cyprus have opened an investigation into the financial affairs of Roman Abramovich, following revelations by BBC Panorama that accountancy firm Deloitte helped in falsifying documents to hide his wealth and evade tax.

Serious questions about the integrity of some of Abramovich's professional advisers were raised earlier this month in a joint report from the BBC and the Bureau of Investigative Journalism (TBIJ).

A Cypriot Ministry of Justice official told MPs this week that the report's findings would be looked at as part of a new investigation by the police's Financial Intelligence Unit.