Scheme to avoid tax on offshore billions may have been botched because money was managed from the UK, BBC learns.

A tax avoidance scheme linked to Roman Abramovich may leave him owing the UK £1 billion. Sanctioned Russian oligarch Roman Abramovich may owe the UK up to £1 billion due to a failed tax avoidance scheme involving hedge fund investments, according to evidence reviewed by the BBC.

FORMER Chelsea owner Roman Abramovich has denied allegations he knowingly owes the UK up to £1billion in unpaid tax. The Russian oligarch had been accused of using the money as part of a botched

The scheme to dodge tax on the yachts - and other secrets of the sanctioned oligarch's corporate empire - is laid bare in over 400,000 files and 72,000 emails leaked from a Cypriot corporate service provider, MeritServus.

Roman Abramovich could owe up to £1bn in unpaid taxes from investments funding Chelsea FC, according to leaked documents.

Russian oligarch Roman Abramovich used a complex offshore scheme to dodge millions in tax on his fleet of luxury superyachts, leaked documents have revealed. Files from Cyprus Confidential show how Abramovich's companies created a fiction that five of his superyachts were being hired out commercially to avoid VAT payments.