Suleiman Kerimov Foundation Fails to Publish Annual Reports. : RushPRNews - Newswire & Global Press Release Distribution

 
Bookmark and Share

Suleiman Kerimov Foundation Fails to Publish Annual Reports.

May 27, 2014

Suleiman Kerimov Foundation Fails to Publish Annual Reports.
KerimovVictimsGroup

Russia (RPRN) 05/27/14 — Since 2013 The Suleiman Kerimov Foundation, an allegedly charitable foundation, has been holding and running Suleiman Kerimov’s entire abroad financial assets in the scope of billions of dollars. However, the foundation has yet to produce the 2013 financial annual report. Now the KVG wonders what does the charitable foundation has to hide.

 

The Suleyman Kerimov Foundation (SKF), Suleiman Kerimov’s charitable organization established in 2007, has been holding his elaborate structure of foreign assets since 2013, as part of Kerimov’s attempt to go around a Russian law forbidding him from holding any financial assets abroad during his service as a member of the Russian parliament (the Duma). The allegedly charitable foundation is now the owner of financial assets in the scope of billions of dollars, held in an elaborate structure of offshore companies. 

Though the foundation now handles financials assets valued at billions of dollars, it did not bother to publish an annual financial report for the year 2013 until now, five months into 2014. It seems the does not feel any obligation to report its actions to investors and the general public, even though it is should be obligated to do so. The KVG wonders- why has the Kerimov foundation failed to publish its financial reports? What does the charitable foundation has to hide from the public?

 

This is yet another example of the clandestine and suspicious conduct of Suleiman Kerimov and his associates, which justifies and strengthens the campaign against controversial Russian politician and businessman, Suleiman Kerimov. The KVG is calling to initiate an investigation by US & UK authorities into the actions of Suleiman Kerimov, with regards to his conduct in the Potash sector. The KVG site features details of the suspicious conduct by Kerimov and his colleagues during the months that preceded Kerimov's declaration, as well as a call for action by the authorities in this matter. They Kerimov Suleiman encourages others who were hurt by Kerimov's conduct to approach it via the website, which would continue to operate in an attempt to reach as many of his victims as possible.

 For further details, please contact the Kerimov Victims Group at kvg2013@mail.com

Media Contact Name: Monyaks
Media E-mail:
Company Contact Name: Kerimov Victims Group
Company Web Address: https://www.facebook.com/pages/The-Kerimov-Victims-Group/274295996051932
Main image credits: https://www.facebook.com/pages/The-Kerimov-Victims-Group/274295996051932
About the author:

KerimovVictimsGroup on Facebook 

https://www.facebook.com/pages/The-Kerimov-Victims-Group/274295996051932

Click here to see all news from this author/company

Filed Under: BANKING AND FINANCIAL NEWS, PRESS RELEASE

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

RSSFeed PRESS & SOCIAL MEDIA RELEASES

yWorld a New Vancouver Based Tech Company Launches Innovative Digital Conferencing Platform

Vancouver, B.C. 07/30/14 · Vancouver-based yWorld is pleased to announce that they...

Ste. Anne's Spa Nominated for Favourite Wellness Property in Canada

GRAFTON, ONTARIO 07/29/14 · Spafinder Wellness 365™ announced that Ste. Anne's Spa...

The new language exchange app is here! As easy as learning Chinese!

SAN FRANCISCO 07/23/14 · The new language exchange app ‘Social Language’ is now...

Xpressivo live on KickStarter! Get a Jolt!

SAN FRANCISCO 07/23/14 · Xpressivo: Start It Up!   Get a jolt today! Xpressivo’s new...

What’s better than distributing your press release to tons of outlets? Guaranteed AP Media Coverage!

San Francisco/Montreal/London 07/23/14 · Distributing your press release with GUARANTEED placement in...

Xpressivo: Bringing Coffee Back

SAN FRANCISCO 07/17/14 · Espresso drinkers – get excited! Now even the most...

Designz23 presenta SEO, avisos Google, Pago Por Click, sitios aptos para móviles

Allentown Y Bethlehem, PA 07/16/14 · – Designz23.com se complace en ofrecer lo último...

Remapping and Insurance: What You Need to Know

LONDON, UK 07/14/14 · With turbodiesels often getting some of the very...

Are Canadian consumers getting fleeced by the life insurance industry?

Halifax, NS 07/08/14 · Consumers have had enough and they want to...

Open Casting Call for W Network’s New Reno Competition Series Game of Homes

VANCOUVER, B.C. 07/08/14 · Casting underway in Vancouver W Network and Great Pacific Television are looking...

Vegan Recipe Cookbook Celebrates 70 years of Vegan

London, UK 07/08/14 · London based health and nutrition consultancy Foods for...

Discover the Benefits of Grand Estates Auction to the Buyer

Charlotte, NC 07/07/14 · Benefits of Grand Estates Auction to the Buyer...

Why Are Brokers considering Grand Estates Auctions? Discover the benefits

Charlotte, NC 07/06/14 · The Benefit of Grand Estates Auction to the...

Grand Estates Auction Company presents Music City Glamour

Nashville, TN 07/05/14 · Redisvoer Music City Glamour: Nashville, Tennessee Nashville is more...