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Putin Says Panama Papers Leaks Are Attempt To Destabilize Russia



ST PETERSBURG, Russia (Reuters) – Russian President Vladimir Putin stated a family member of his named within the “Panama Papers” leaks had performed not anything incorrect and spent the cash he earned from industry on shopping for pricey musical tools which he used to be donating to public establishments.

Media reviews in accordance with the leaked files from a Panama-primarily based regulation company alleged that Sergei Roldugin, a cellist and family member of Putin, had quietly constructed up a sprawling industry empire interested by offshore transactions that may well be associated with the Russian chief.

Chatting with supporters in St Petersburg, Putin stated the leaks have been a part of an orchestrated try to destabilize Russia by way of fabricating allegations of corruption.

“Our warring parties are specially involved through the team spirit and consolidation of the Russian country. They’re making an attempt to rock us from inside of, to make us extra pliant,” stated Putin, in his first public feedback at the leaks.

“There’s a sure family member of the president of Russia, he did such and this sort of factor, and there’s most likely a corruption component there,” Putin stated, describing the allegations.

“However there isn’t a (section of corruption).”

Putin stated Roldugin used to be a super musician and a minority shareholder in a Russian corporate from which he earned a few cash however now not “billions of greenbacks.”

He stated Roldugin had spent virtually all of the cash he had created from the challenge on obtaining pricey musical tools in a foreign country which he used to be within the strategy of turning in to state establishments.

“I’m proud to have such pals,” stated Putin.

The papers, which incorporated greater than eleven.five million files from Panamanian regulation company Mossack Fonseca, have been leaked to the German newspaper Süddeutsche Zeitung. They then was a part of a broader research coordinated by way of the Global Consortium of Investigative Newshounds.

The information, which contained the main points of shoppers all over the world, triggered Sigmundur David Gunnlaugsson, the top minister of Iceland, to give up, placed British Top Minister David Cameron beneath drive over his circle of relatives’s monetary affairs, and sparked calls in Ukraine to research President Petro Poroshenko.

However in Russia, the place state media intently hews to the Kremlin’s line, the allegations have both been performed down or portrayed as a part of an try to undermine the ruling elite ahead of parliamentary elections later this yr.

Dmitry Peskov, Putin’s spokesman, has disregarded the allegations as the results of “Putinophobia” and stated that the journalistic consortium at the back of the Panama Papers incorporated “many former state division and CIA workers, in addition to the ones of alternative intelligence products and services”.

(Further reporting via Maria Tsvetkova, Dmitry Solovyov, and Alexander Profitable; Writing via Andrew Osborn; Modifying through Christian Lowe)

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