A firm of British accountants is in line to earn millions of pounds for acting as trustees in a bankruptcy case involving Kremlin-linked entities — despite it having pledged to ditch Russian clients.
Grant Thornton, the sixth biggest accountancy and audit practice in the world, is the English trustee in High Court bankruptcy proceedings against Anatoly Motylev, the former owner of the Russian Credit Bank, who is said to owe more than £2 billion.
Legal experts said that depending on the assets that can be recovered, the accountancy firm was likely to earn up to £10 million in fees from the litigation.
Motylev, who has lived in London for the past seven years, was made bankrupt in Russia in 2018. A Russian court found him