This case is a good example how negligence and reluctance in instances of crime and corruption that occurred on Russian soil vis-à-vis Western investors can eventually lead not only to the undermining of best business practices. In case of BP’s harassment by Kremlin-connected oligarchs and Russian security services, reluctance of UK and US law enforcement to react led to beneficiaries of harassment to use ill-gotten means to launder their reputation at University of Oxford and in other key academic and cultural institutions in the West that all failed to adequately use their due diligence rules.
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