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Nevermind Panama: It's business as usual at the Kremlin

Wednesday, April 06, 2016 - 01:17

Russian President Putin holds a cabinet meeting Tuesday, making no mention of the so-called Panama Papers which have already prompted one world leader to resign. Deborah Lutterbeck reports.

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It's business as usual Tuesday for Russian President Vladimir Putin as he meets with top officials in Moscow. The meeting comes against a backdrop of a wide ranging financial scandal in Panama that has already led to the resignation of one top official in Iceland. Some of Putin's friends are among those named in the leaked documents. Russia's RIA news agency is reporting that prosecutors are checking those reports to determine if any Russians were beneficiaries of offshore companies and to establish whether anyone broke the law. The Kremlin has dismissed media reports alleging links between Putin and offshore transactions worth billions of dollars, saying they were aimed at discrediting the Kremlin leader. The "Panama Papers" have cast light on the financial arrangements of high profile politicians and public figures. Among those named in the documents are friends of Putin and relatives of the leaders of China, Britain, Iceland and Pakistan, as well as the president of Ukraine.

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Nevermind Panama: It's business as usual at the Kremlin

Wednesday, April 06, 2016 - 01:17