Ukraine’s dirty money: the Cambridge University connection

   0   0 Blog
Cambridge

Firtash signs the deal with Cambridge. Source: http://en.dmitryfirtash.com

Update: the Daily Mail covers our story here.

It seems that Britain’s Cambridge University hasn’t learned anything from the London School of Economics (LSE).

The LSE was red faced in 2011 when it was revealed that they had received millions from the Gadhafi regime. The scandal led to a resignation of the LSE’s director Howard Davis, and an independent investigation from a former Lord Chief Justice, Lord Wolf.

Now we note that Cambridge University has developed its own questionable links with Ukraine.

Since 2008 the prestigious training ground of the British elite has been receiving generous donations from Dmytro Firtash, a Ukrainian oligarch and backer of ousted president Yanukovych. Firtash was recently arrested in Vienna on an international arrest warrant at the request of the FBI.

Firtash, it seems, has been providing money to the University since at least 2007 to support Cambridge Ukrainian Studies. As Firtash’s own website notes:

“Cambridge Ukrainian Studies, an initiative of the Department of Slavonic Studies, was launched at Cambridge in 2008 with the support of Dmitry Firtash. This initiative is aimed at promoting and contributing to the study of Ukraine in the United Kingdom and beyond.”

The generous support given by Mr Firtash earned him the honor of being invited to join the University’s prestigious Guild of Benefactors in a ceremony presided over by Prince Philip.

Prince philip firtash

The Duke of Edinburgh initiates Firtash into the Guild of Cambridge Benefactors. Source: en.dmitryfirtash.com

The Telegraph has reported some further detail:

“A Ukrainian oligarch who has donated £5.4 million to Cambridge University and has links to senior Conservatives is facing possible extradition to the US after being arrested at the request of the FBI.”

Firtash has been under investigation by the FBI since 2006 over corruption charges and is accused of having “formed a criminal organization”.  He made his money in Ukraine’s oil and gas industry and was known to be close to Putin. He is co-owner of RosUkrEnergo, which was once the Ukraine’s sole importer of Russian Gas.

A US diplomat described RosUkrEnergo in 2009 as “a cash cow and a serious source of corruption and political patronage”.

Firtash kept some interesting company. He apparently acknowledged to the US Ambassador in Ukraine that he once had ties to Seymon Mogilevich, a known Russian gangster on the FBI’s ten most wanted list. He also has close business ties with Sergey Levochkin, who is wanted in Ukraine on charges of mass murder.

One of the findings of the Wolf Report on the LSE’s scandal was that the university had not conducted any due diligence on its relationship with Libya.

Could the same be true about Cambridge University and their own Ukrainian connection?

All of which just underlines the point about Offshore Britain and its willingness to cower in obsequious terror before the world’s questionable and dirty money.


Related Posts

UN must defend target to curtail multinational companies’ tax abuse

Photo by Luca Santori, Creative Commons LicenseThe Tax Justice Network, The Independent Commission for the Reform of International Corporate Taxation, and the Global Alliance for Tax Justice call on the UN Secretary General to make sure the commitment to action on tax abuses by multinational companies remains part of the new UN Sustainable Development Goals.

READ MORE →

The BVI: Responsible for worldwide tax losses of $37.5 billion a year

BVI report blogAn extraordinary report by consultants Capital Economics, for BVI Finance, claims that the British Virgin Islands are responsible for $1.5 trillion of assets invested around the world, and that these result in 2.2 million jobs and $15 billion in tax revenue. A better approximation would be that the BVI imposes global tax losses of $37.5 […]

READ MORE →

Event: Making Tax Work for Women in the UK and Globally

Invitation_ Tax and Gender eventOn Wednesday 28th June 2017 at 16.30 our very own Liz Nelson will be speaking at an event in London that aims to bring together gender and tax justice advocates to highlight the need for coherent and gender-responsive fiscal policies to safeguard the rights of women and girls both in the UK and globally. The […]

READ MORE →

Historic event on women, human rights and tax justice in Bogota

BogotaLast week civil society organisations, researchers, labour union activists and policy makers met in Bogota, Colombia to explore how tax justice issues can ensure governments, multinational corporations and others meet their obligations to women in order to secure their full range of human rights. The Women’s Rights and Tax Justice conference opened with a conversation […]

READ MORE →

The Offshore Wrapper: the Panama Papers, one year on

Photos from the Protest outside PwC 1 Embankment Place, part of the Global week of action for tax justiceWelcome to the Offshore Wrapper – your weekly update from TJN.  Happy Paniversary! This week it’s been one year since the Panama Papers were leaked, and a number of organisations around the world have been marking the occasion though the global week of action for tax justice. In London, activists from the TJN and the […]

READ MORE →

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top