HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » My family just watched Th... » Reply #17

Response to blm (Original post)

Sun Dec 1, 2019, 12:17 AM

17. Offshore Loot leads to planet's super wealthy and Putin


Revealed: the $2bn offshore trail that leads to Vladimir Putin

A massive leak of documents shines new light on the fabulous fortunes of the Russian president’s inner circle

Putin’s best friend: the cellist who holds the key to his fortune

Iceland’s PM faces snap election over revelations

What are the Panama Papers?

Panama Papers: global reaction – live


by Luke Harding
The Guardian, April 3, 2016

A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin.

An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy.

Though the president’s name does not appear in any of the records, the data reveals a pattern – his friends have earned millions from deals that seemingly could not have been secured without his patronage.

The documents suggest Putin’s family has benefited from this money – his friends’ fortunes appear his to spend.

The files are part of an unprecedented leak of millions of papers from the database of Mossack Fonseca, the world’s fourth biggest offshore law firm. They show how the rich and powerful are able to exploit secret offshore tax regimes in myriad ways.

The offshore trail starts in Panama, darts through Russia, Switzerland and Cyprus – and includes a private ski resort where Putin’s younger daughter, Katerina, got married in 2013.

Continues...

https://www.theguardian.com/news/2016/apr/03/panama-papers-money-hidden-offshore

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 39 replies Author Time Post
blm Nov 2019 OP
Pepsidog Nov 2019 #1
mopinko Nov 2019 #2
h2ebits Nov 2019 #3
blm Nov 2019 #4
h2ebits Dec 2019 #32
zentrum Nov 2019 #5
blm Dec 2019 #37
tiptonic Nov 2019 #6
blm Nov 2019 #11
Scarsdale Nov 2019 #7
KelleyKramer Dec 2019 #21
Scarsdale Dec 2019 #22
lunatica Dec 2019 #30
blm Dec 2019 #25
hlthe2b Dec 2019 #23
appalachiablue Nov 2019 #8
JoeOtterbein Nov 2019 #9
LeftInTX Dec 2019 #14
JoeOtterbein Dec 2019 #15
Dream Girl Dec 2019 #26
Roland99 Nov 2019 #10
Tiggeroshii Nov 2019 #12
DanieRains Nov 2019 #13
JoeOtterbein Dec 2019 #16
Doremus Dec 2019 #29
blm Dec 2019 #35
blm Dec 2019 #36
certainot Dec 2019 #19
LineReply Offshore Loot leads to planet's super wealthy and Putin
Kid Berwyn Dec 2019 #17
certainot Dec 2019 #18
blm Dec 2019 #34
Zorro Dec 2019 #20
Hortensis Dec 2019 #24
blm Dec 2019 #38
Hortensis Dec 2019 #39
The Blue Flower Dec 2019 #27
blm Dec 2019 #33
Upthevibe Dec 2019 #28
Ninga Dec 2019 #31
Please login to view edit histories.