This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
Russia: Panama Papers show no corruption by 'my friends' - Putin02:30

Russia: Panama Papers show no corruption by 'my friends' - Putin

Russian Federation, St. Petersburg
April 7, 2016 at 15:49 GMT +00:00 · Published

Russian President Vladimir Putin commented on the 'Panama Papers' leak during the 3rd Media Forum of Independent Regional and Local Media in St. Petersburg, Thursday.

"Regarding these offshore companies, your faithful servant [Putin] is not there. There is nothing to speak about. But there is a task, work should be done. They have made an informational product," he stated of the journalists who broke the story, adding that "they conducted research and created something. I looked through these images. There are a lot of strange people in the background and the photo of your faithful servant [Putin] is in front in large format. And that is exactly what is being promoted." Moreover, Putin said there was no "corruption component" in the documents that would link any of his friends or acquaintances.

The Russian leader also said there are many creative types in Russia who run businesses, including famous Russian cellist Sergei Roldugin, who is allegedly mentioned in the leaks and is also Putin's friend. "He is a minority shareholder in one of our companies where he does earn some money but of course it is not billions of dollars," the Russian leader explained. "I'm proud of such people as Sergei Pavlovich [Roldugin] both among my friends and in general. Almost all the money that he earned there he spent on the purchase of musical instruments abroad and brought them to Russia," Putin added.

The data provided in the leak centres around the activities of Mossack Fonseca over a period from the 1970s until spring 2016. There is believed to be an estimated 11.5 million documents in the Panama Papers, making it the largest leak of its kind. The information provided in the leak purportedly exposes the offshore holdings of 12 current and former world leaders as well as unveiling data on the financial activities of 128 other politicians and public officials from a number of countries.

Russia: Panama Papers show no corruption by 'my friends' - Putin02:30
Pool for subscribers only
No Account? Sign up!
Description

Russian President Vladimir Putin commented on the 'Panama Papers' leak during the 3rd Media Forum of Independent Regional and Local Media in St. Petersburg, Thursday.

"Regarding these offshore companies, your faithful servant [Putin] is not there. There is nothing to speak about. But there is a task, work should be done. They have made an informational product," he stated of the journalists who broke the story, adding that "they conducted research and created something. I looked through these images. There are a lot of strange people in the background and the photo of your faithful servant [Putin] is in front in large format. And that is exactly what is being promoted." Moreover, Putin said there was no "corruption component" in the documents that would link any of his friends or acquaintances.

The Russian leader also said there are many creative types in Russia who run businesses, including famous Russian cellist Sergei Roldugin, who is allegedly mentioned in the leaks and is also Putin's friend. "He is a minority shareholder in one of our companies where he does earn some money but of course it is not billions of dollars," the Russian leader explained. "I'm proud of such people as Sergei Pavlovich [Roldugin] both among my friends and in general. Almost all the money that he earned there he spent on the purchase of musical instruments abroad and brought them to Russia," Putin added.

The data provided in the leak centres around the activities of Mossack Fonseca over a period from the 1970s until spring 2016. There is believed to be an estimated 11.5 million documents in the Panama Papers, making it the largest leak of its kind. The information provided in the leak purportedly exposes the offshore holdings of 12 current and former world leaders as well as unveiling data on the financial activities of 128 other politicians and public officials from a number of countries.

Top downloads in last 24 hours
Pool for subscribers only
02:18
Germany: Polar bear Hertha celebrates 2nd birthday with special cake at Berlin's TierparkGermany: Polar bear Hertha celebrates 2nd birthday with special cake at Berlin's Tierpark
December 1, 2020 at 15:12 GMT +00:00
Pool for subscribers only
01:00
Russia: Beautiful light pillars illuminate night sky in Tyumen Russia: Beautiful light pillars illuminate night sky in Tyumen
December 2, 2020 at 08:14 GMT +00:00
05:07
Three-year-old Chinese table tennis prodigy stuns with rapid-fire ralliesThree-year-old Chinese table tennis prodigy stuns with rapid-fire rallies
December 1, 2020 at 08:41 GMT +00:00
05:01
Father of three forges martial arts prodigies at home boot camp in ChinaFather of three forges martial arts prodigies at home boot camp in China
December 2, 2020 at 07:22 GMT +00:00
02:45
Germany: Activists build bee cemetery outside Berlin Chancellery to protest massive insects declineGermany: Activists build bee cemetery outside Berlin Chancellery to protest massive insects decline
December 2, 2020 at 11:39 GMT +00:00
04:49
Alicante breaks record for world's biggest nativity sceneAlicante breaks record for world's biggest nativity scene
December 1, 2020 at 23:20 GMT +00:00
02:59
State of Palestine: Student returns home after 15 months in Israeli prisonState of Palestine: Student returns home after 15 months in Israeli prison
December 2, 2020 at 15:55 GMT +00:00
03:43
Sudan: Ethiopians fleeing conflict take shelter at Sudanese borderSudan: Ethiopians fleeing conflict take shelter at Sudanese border
December 2, 2020 at 21:47 GMT +00:00
02:37
Colombia: Medellin locals welcome festive season with 'gunpowder festival'Colombia: Medellin locals welcome festive season with 'gunpowder festival'
December 1, 2020 at 16:21 GMT +00:00
02:48
Armenia: Protesters demanding PM's resignation block traffic on Yerevan's Mashtots AvenueArmenia: Protesters demanding PM's resignation block traffic on Yerevan's Mashtots Avenue
December 1, 2020 at 23:39 GMT +00:00
02:36
Armenia: Demonstrators demanding Pashinyan’s resignation march through streets of YerevanArmenia: Demonstrators demanding Pashinyan’s resignation march through streets of Yerevan
December 2, 2020 at 23:20 GMT +00:00
00:42
USA: Mysterious metal monolith comes back, now on top of Atascadero's Pine Mountain in CaliforniaUSA: Mysterious metal monolith comes back, now on top of Atascadero's Pine Mountain in California
December 3, 2020 at 01:49 GMT +00:00
03:22
Former French leader Valery Giscard d'Estaing dies aged 94 *ARCHIVE*Former French leader Valery Giscard d'Estaing dies aged 94 *ARCHIVE*
December 2, 2020 at 23:12 GMT +00:00
04:29
Mannequin Skywalker - Darth Vader statue appears in Bristol in tribute to David ProwseMannequin Skywalker - Darth Vader statue appears in Bristol in tribute to David Prowse
December 3, 2020 at 04:35 GMT +00:00
Pool for subscribers only
02:09
Russia/India: Another batch of Sputnik V delivered to New Delhi for clinical trialsRussia/India: Another batch of Sputnik V delivered to New Delhi for clinical trials
December 1, 2020 at 16:22 GMT +00:00
00:28
Netherlands: At least 2 injured in stabbing in The HagueNetherlands: At least 2 injured in stabbing in The Hague
December 2, 2020 at 14:00 GMT +00:00
00:18
Netherlands: Sirens blare in centre of The Hague following stabbingNetherlands: Sirens blare in centre of The Hague following stabbing
December 2, 2020 at 14:28 GMT +00:00
03:04
Russia: UFC champ Nurmagomedov compares retirement to a Brazilian soap opera endingRussia: UFC champ Nurmagomedov compares retirement to a Brazilian soap opera ending
December 2, 2020 at 18:48 GMT +00:00
Pool for subscribers only
00:50
94yo ex-French president Valery Giscard d'Estaing dies following COVID diagnosis *ARCHIVE*94yo ex-French president Valery Giscard d'Estaing dies following COVID diagnosis *ARCHIVE*
December 3, 2020 at 00:34 GMT +00:00
03:18
Germany: Hundreds attend vigil for victims after driver kills 5 in TrierGermany: Hundreds attend vigil for victims after driver kills 5 in Trier
December 2, 2020 at 12:25 GMT +00:00
02:25
France: Hundreds protest coronavirus closure of ski liftsFrance: Hundreds protest coronavirus closure of ski lifts
December 2, 2020 at 17:26 GMT +00:00
02:27
Netherlands: Police cordon off supermarket following stabbing in The HagueNetherlands: Police cordon off supermarket following stabbing in The Hague
December 2, 2020 at 17:44 GMT +00:00
Pool for subscribers only
04:46
Germany: Merkel announces extension of partial lockdown until January 10Germany: Merkel announces extension of partial lockdown until January 10
December 2, 2020 at 21:21 GMT +00:00
Pool for subscribers only
05:51
USA: 'Democrats had this election rigged right from the beginning' - Trump on elex resultsUSA: 'Democrats had this election rigged right from the beginning' - Trump on elex results
December 3, 2020 at 00:00 GMT +00:00
Pool for subscribers only
01:47
USA: Biden says 250,000 more might die by January amid COVID spreadUSA: Biden says 250,000 more might die by January amid COVID spread
December 3, 2020 at 03:27 GMT +00:00
View all videos