It has gained attention in recent financial press papers.

FORBES: Money, Economy, Statistics

The end result of this survey of papers about the proposed financial transactions tax is clear.

FORBES: The Truth About the Financial Transactions Tax or the Robin Hood Tax

Mr Konowaloff has also publicly said he wants the painting transferred to the Russian state and to receive personal financial compensation, according to the papers.

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Given this interpretation, it is not surprising that the IMF has thrown its weight strongly behind an enormous increase in the scale and scope of financial regulation in a series of papers leading up to the G20 meetings.

ECONOMIST: World economy

Cooley is Dean of the NYU Stern School of Business, which delivered its swift response to the financial turmoil, a collection of 18 papers examining different aspects of the phenomenon, to 100 leading U.S. policymakers, including inside the Obama administration, Congress, the Federal Reserve and financial regulators, bringing an appreciative response.

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The independent directors have demonstrated their independence but despite Mr Darcey's statement it is not clear whether they believe the papers' "very difficult financial situation" could justify the changing of the undertakings.

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The papers showed the name and address of Ersin Tatar and details from Barclays bank statements and references to financial transfers to Impexbank in 1990, a Turkish bank purchased in 1988 by Asil Nadir.

BBC: Asil Nadir employee 'tore up transfer evidence'