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 (rushPRnews) 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
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 / AH Marketing ahmarketinggroup.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

North American Cities Slow to Adopt Open Source Software

Toronto, ON 09/26/16 · Government IT department are often one of the...

ExeBTC Offers Multiple Investment Packages for Global Investors

Delaware,DE 09/25/16 · For years, ExeBTC has been a leader in...

SchoolFinder to be launched in a new avatar soon

India 09/25/16 · SchoolFinder is pleased to announce that it will...

Leader of New Haven Heroin Ring Pleads Guilty

New Haven,Connecticut 09/22/16 · Deirdre M. Daly, United States Attorney for the...

Discover The Bedol Water Clock, Eco-friendy Clock Powered by Water

Los Angeles, CA 09/22/16 · The Bedol Water Clock.   The Clock powered by...

AIMS 360 Fashion Software Delivers Shopify Integration to Simplify eCommerce

Los Angeles, CA 09/21/16 · Leading software provider for apparel industry integrates with...

Waverly Labs Announces Reaching $3 Million in Crowdfunding on IndieGogo

NEW YORK 09/20/16 · Smart Translating Earpiece Pilot makes unprecedented history in...

Plastics Recycling Company Ranks No. 8 on the 2016 Startup 50

Toronto, ON 09/16/16 · CANEI Corporation Ranks No. 8 on the 2016...

Caribbean American Movers and Shakers

Atlanta, GA 09/16/16 · Caribbean American Movers and Shakers Awards Goes International  ...

Maxxlife Financial Expands Lineup of Carriers for Super Visa Insurance

Toronto,ON 09/16/16 · Maxxlife Financial, Inc., the insurance broker, announced today...

IT Tech Support Scams Are on the Rise, says FBI

Washington, D.C. 09/15/16 · The Internet Crime Complaint Center (IC3) is receiving...

20 Dollars Discount On All PR Distribution Packages Now

San Francisco 09/13/16 · Time to share the joy again! We just...

MONTREAL SPCA WOULD EXCLUDE DOGS FROM THE ANIMAL SERVICES PROVIDED TO BOROUGHS

MONTREAL, QUEBEC, CANADA 09/07/16 · In light of an impending municipal bylaw targeting...

The New Criterion Celebrates its 35th Anniversary with a Special September Issue

NEW YORK 09/06/16 ·  - The New Criterion invites readers to celebrate...