London Daily

Focus on the big picture.
Thursday, Jul 10, 2025

UK businessman charged with 'helping Russian oligarch evade sanctions'

UK businessman charged with 'helping Russian oligarch evade sanctions'

A British businessman has been charged with allegedly helping a Russian oligarch evade US-imposed sanctions.
Graham Bonham-Carter was arrested on Tuesday accused of funding properties purchased by Oleg Deripaska - one of Russia's most controversial oligarchs who was sanctioned by the US in 2018.

Mr Bonham-Carter is also accused of unlawfully moving his artwork abroad, the US Department of Justice said.

The US is now seeking Mr Bonham-Carter's extradition, the DoJ said.

Mr Bonham-Carter, who is based in London and is the second cousin of actress Helena, appeared before Westminster Magistrates' Court following the extradition request and was released on conditional bail.

As well as being sanctioned by the US in 2018, Mr Deripaska was one of seven oligarchs sanctioned by the UK in March as part of the government's response to Russia's invasion of Ukraine.

Mr Bonham-Carter is believed to be linked to the oligarch through a number of high-value properties in the US and in the UK - all suspected to be ultimately held for Mr Deripaksa's benefit.

In March, Mr Bonham-Carter had his bank accounts frozen for six months under orders were secured by the UK's National Crime Agency (NCA) after it was alleged his accounts contained money linked to Mr Deripaska.

Mr Bonham-Carter faces three US charges - conspiring to violate and evade US sanctions in violation of the International Emergency Economic Powers Act (IEEPA), one count of violating IEEPA and one count of wire fraud.

Each charge carries a maximum sentence of 20 years in prison.

Mr Bonham-Carter is accused of engaging in more than $1m (£900,000) worth of illicit transactions to fund real estate properties in the US for Mr Deripaska's benefit.

It is alleged that the businessman was instructed by Mr Deripaska to set up a company, named GBCM Ltd, for managing his properties, including two in New York and one in Washington DC.

Mr Deripaska wealth has been estimated to be more than £2bn.
Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
×