Swiss Authorities Freeze Bank Accounts Belonging to Russian Tax Officials

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A group of Russian tax officials is alleged to have helped steal $230m (£140m) from the Russian state in an elaborate tax fraud.

Authorities in Switzerland are reported to have frozen dozens of bank accounts belonging to Russian tax officials.  This is part of a criminal investigation into claims that the funds on them are derived from the biggest tax fraud in Russian history.  The Swiss authorities began investigating after UK investment fund Hermitage filed a complaint against a group of Russian tax officials it alleged had helped steal $230m (£140m) from the Russian state in an elaborate tax fraud.