01 Nov 2021

Statement from Corker Binning regarding the trial of Oleg Tinkov

Last Friday, Corker Binning client Oleg Tinkov (appearing remotely from London) was sentenced in the US pursuant to a plea deal for filing a false tax return in 2013. Corker Binning represented Mr Tinkov throughout the duration of the UK extradition proceedings following his arrest in February 2020. Extradition has been resisted for the past 18 months on the basis of Mr Tinkov’s grave state of health. During that time, he and the US authorities have been able to negotiate a satisfactory plea deal that involved payment of approximately US$500 million (including all civil tax liabilities), a custodial sentence of one day (time served) and no probation/supervision requirements in the UK. Earlier today Westminster Magistrates Court released Mr Tinkov from all of his bail conditions.

Danielle Reece-Greenhalgh and Andrew Smith of Corker Binning represented Mr Tinkov.

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