Jersey – Investigation Into Suspected Russian Sanctions Offences

Reporting by the Guardian newspaper has flagged an ongoing sanctions investigation in Jersey that this blog had previously missed.

The investigation has become public as a result of a Swiss judgment relating to a mutual legal assistance request for documents made to Switzerland by the Jersey authorities. The court dismissed a challenge to the provision of the documents.

As well as investigating allegations of corruption going back to the 1990s the Jersey authorities are said in the judgment to be investigating:

i) the continued use of the funds and assets of two Jersey companies (named only as J Ltd and K Ltd) after the the person who is alleged to indirectly control the companies was placed on Jersey's Russian sanctions list;