Panama Papers: Russian media keep mum on offshore scandal
04 Apr 2016

Russian media are keeping mum about the $2 billion found in offshore accounts linked to close friends of President Vladimir Putin.

An investigation published by an international coalition of more than 100 media outlets on Sunday details how politicians use banks, law firms and offshore shell companies to hide their assets. Putin’s close friends including a cellist from St. Petersburg were shown to be engaged in a complex offshore scheme.

Following a leak from a Panamanian law firm, authorities in other countries said they would investigate the individuals mentioned for possible tax evasion

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