We have global standards on the establishment of beneficialownership and dedicated compliance teams focusing on clients connected to countries of higher risks and on Politically Exposed Persons.
Companies in Switzerland, where beneficialownership is impenetrable, injected 4.1 billion lire (33.5 billion lire in today's money) in equity into the Italian companies responsible for Milano 2.
In a statement, an Access spokesperson says a holding company owned by Blavatnik was the owner of Basell prior to the Lyondell merger and that the returns he ultimately received during his beneficialownership of that company have nothing to do with the loss he incurred from the merger.