The reason for this theory is the disclosure, in the opinion ( in which the corporation is ordered to comply with the subpoena), is a representation that compliance would violate local law in the jurisdiction. That sounds ominously like a tax-haven secrecy law. While there are no further clues, we know that Cyprus was employed to move money from Russia and the Ukraine into the accounts of some of the Russia probe defendants.
eye. if this is the case, they will not be wrong. Since the Panama Papers and Paradise Papers scandals, offshore corporations have taken a big hit in the perception of the public as dirty linen used by criminals.
In any event, we hope and trust that further information will clear up the mystery eventually, as to the identity of the arrogant entity that seeks to evade its legal responsibilities in the United States.