Ukrainian company directors are funneling their dividends to shell companies in Cyprus that move the money to Swiss banks.
The Swiss courts have ruled in favour of the Ukrainian tax authorities in all the proceedings brought by Kyiv.
Keystone / Peter Klaunzer
Ukrainian company directors are funneling their dividends to shell companies in Cyprus that move the money to Swiss banks. Kyiv has asked Bern to lift the veil on this type of arrangement in no fewer than seven cases.
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May 22, 2026 - 11:00
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