NEW: The longtime speaker of Azerbaijan’s parliament, Oktay Asadov, had a $30,000 annual salary. But his family owns real estate worth millions in London, Moscow, and Dubai. #PandoraPapers 1/ occrp.org/en/the-pandora…
Asadov’s wife (the director of a state kindergarten) bought an apartment in the Triumph Palace, a neo-Stalinist Moscow skyscraper. She also owns a large building that houses this unusual-looking sauna. 2/
One of Asadov’s daughters bought an apartment in the Al Bateen Residences in Dubai (the tall building on the right). Her husband also bought office space in the Emirate, as well as a three-bedroom London apartment in prestigious Regent’s Park. 3/
The origin of the money used to acquire these properties is unknown. Neither Asadov nor any members of his family are known to have any sources of income that would account for such purchases. 4/
The story also involves a candidate in this year’s London mayoral race.

Before his long-shot campaign, Kamran Balayev married Asadov’s other daughter. The couple bought two pricey London apartments, apparently while Balayev was an official with Azerbaijan’s justice ministry. 5/

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More from @OCCRP

6 Oct
NEW: The head of Russia’s Channel One — a state-owned pro-government outlet — used offshore structures to secretly acquire a stake in a massive project to renovate old Soviet movie theaters. #PandoraPapers 1/ occrp.org/en/the-pandora…
Among the 39 movie theaters were outstanding examples of Soviet modernism. Some were named after capitals of the Soviet republics and drew inspiration from regional architectural styles. Here are the ‘Sofia,’ the ‘Yerevan,’ and the ‘Baku.’ 2/
These buildings were put up for auction by the Moscow city government in 2014 and acquired at the minimum price, with no competitive bidding, by a conglomerate called ADG Group. They were meant to be renovated and modernized. 3/
Read 4 tweets
3 Oct
What’s a former beauty pageant winner doing with $30m? And what does this have to do with two powerful oligarchs who made their fortunes in Kazakhstan’s notoriously corrupt natural resources sector? #PandoraPapers 1/
occrp.org/en/the-pandora…
Now a director of two dance institutions in the Central Asian country, Assel Kurmabayeva’s long been rumoured to be the tokal, or unofficial (third) wife, of former Kazakh President Nursultan Nazarbayev — arguably the most powerful man in the country. 2/ Image
The Pandora Papers leak reveals how in 2010, she received a payment through highly obscure entities in offshore jurisdictions connected to Vladimir Ni and Vladimir Kim, oligarchs believed to be close confidants of Nazarbayev. 3/ ImageImage
Read 4 tweets
3 Oct
#PandoraPapers: Czech Prime Minister Andrej Babiš set up a British Virgin Islands company in 2009 that secretly loaned €15m to other shell companies he owned in the U.S. and Monaco.

The money was eventually used to buy luxury French real estate. 1/
occrp.org/en/the-pandora…
Babiš, who ran on an anti-corruption platform, has previously criticized his political rivals for their use of offshore companies.

But he used similar corporate structures to hide his wealth, which he invested in some of these properties. 2/ ImageImage
“This scheme is a textbook example of money laundering,” one financial crime expert told OCCRP.

Babiš “ended up buying a chateau with money of potentially suspicious origin,” said another. 3/
Read 4 tweets
3 Oct
BREAKING: A massive worldwide leak of 11 million+ documents from a slew of offshore service providers exposes the secret wealth and schemes of political leaders, celebrities, and criminals.

These are our investigations as part of the #PandoraPapers 👇 1/
occrp.org/en/the-pandora…
Family and close associates of Azerbaijan’s authoritarian president, Ilham Aliyev, used offshores to hide over half a billion dollars in London property. 2/
occrp.org/en/the-pandora…
Czech Prime Minister President Andrej Babiš, who was elected on an anti-corruption platform, used offshore firms to disguise the investment of €15m in luxury property in the south of France, including a chateau. 3/
occrp.org/en/the-pandora…
Read 8 tweets
1 Oct
NEW: High-level employees at British American Tobacco UK oversaw a corporate espionage ring in South Africa that surveilled and disrupted its competitors.

OCCRP and partners reveal in fresh detail how the illegal spying operation worked. 1/
occrp.org/en/investigati…
Private security firm Forensics Security Services carried out much of the surveillance.

Through FSS, BAT built up a network of 200+ informants, including law enforcement officers who impounded competitors’ products and used traffic cameras to spy on rivals. 2/
From 2012-2016, documents show, BAT signed off on some $42.6m for the espionage ring.

Officials in the tobacco major’s HQ received regular reports on its operations, even sending ex-British intelligence officers to help with recruitment and training. 3/
Read 5 tweets
28 Sep
NEW: Syria has found an unusual way to raise cash: charging citizens abroad large fees to avoid military conscription.

Men who don’t pay face the threat of having their family’s assets in the country seized.

Our story with @guardian 1/
occrp.org/en/37-ccblog/c…
One Syrian living in Sweden paid $8,000 to the embassy to avoid military conscription, which is mandatory for men between the ages of 18 and 42. 2/
U.S. and EU sanctions have made it harder for Syrian embassies to electronically send funds back home, pushing them to ask for cash payments.

Some who’ve paid told OCCRP that they fear the money will be used to fund the military. 3/
Read 4 tweets

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