OCCRP: Putin's friends are 24 billion USD rich


Center for the Study of Corruption and Organized Crime (OCCRP) reports that the total wealth of the people belonging to the so-called “personal circle” of the Russian President Vladimir Putin is 24 billion dollars.

According to the authors of the OCCRP report, Putin registers his assets to the people who sometimes do not know about the riches of the companies registered in their name. Among the two of such “nominal” names are the “purses of Putin” — the cellist Sergei Roldugin and Putin’s childhood friend Pyotr Kolbin. The new investigation has given a separate role to another such man — Mikhail Shelomov, son of Putin’s cousin Lyubov Shelomov.

OCCRP report authors also included in the “private circle” of the Russian leader his other relatives and big businessmen, who the media have repeatedly referred to as “friends of Putin”. The list included Nikolai and Yuriy Shamalov, Igor, Roman, and Mikhail Putin, as well as Boris and Arkadiy Rotenberg. The investigation highlights that the most successful businesses of entrepreneurs from the “personal circle” are associated with large state-owned enterprises, including oil and gas.

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