Where have BP’s Russian profits gone?

Featured in The New Statesman


RUSSIAN PROFITS

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Given the extent to which Russia finances are increasingly against the wall due to sanctions, I am quite certain that the Kremlin would feel fully justified in taking the funds that have been left or waived by BP, says Tom Keatinge, director of the Royal United Service Institute Centre for Financial Crime and Security Studies. ...It would be better for BP to take the dividend and then donate that to a Ukraine reconstruction fund, says Keatinge. Then the money would be put to good use rather than either no use, or worse, handed to the Russian state to fund the war.