The alleged affair of Russian President Vladimir Putin (68), Svetlana Krivonogikh (46), is said to have considerable shadow wealth – including luxury apartments and a yacht. This is what the Pandora Papers revealed.
the New York Post writes that Svetlana Krivonogikh is said to be Putin’s secret long-term friend, with whom he even has an 18-year-old daughter. The two are said to have been in a relationship when Putin was still mayor of Svetlana’s hometown of St. Petersburg.
Putin was married to his wife Lyudmila Aleksandrovna Ocheretnaya from 1983 to 2013 and has two daughters with her. The affair with Svetlana should have started long before the divorce, so the presumption.
From the social housing to a four-story luxury apartment
She comes from a poor background, is said to have grown up in a social flat and later worked as a cleaning lady. Still, she somehow made her fortune. Putin and close quarters are accused of having enriched themselves through mailbox companies in the Virgin Islands and elsewhere, reports The Guardian.
In September 2003, an offshore company called Brockville Development Limited – through two other companies in Panama – bought a four-story apartment in Monaco for Svetlana Krivonogikh. She also owns an apartment in St. Petersburg.
As “The Sun” reported a year ago, Svetlana Krivonogikh is said to be a shareholder of Rossiya Bank, which was sanctioned by the West because of its close ties to the Russian President and because of the Crimean crisis. In addition, she should own a nightclub in which erotic theater shows are staged.
“Monaco is like Moscow by the sea”
According to the Pandora Papers, the inner circle of Putin’s entourage is said to have invested millions in luxury apartments in Monaco – in addition to Svetlana, other close partners of Putin are said to have benefited. The city-state of Monaco, where tax laws target the wealthy, is said to be one of the favorite places for hidden investments by Putin’s entourage.
“Pandora Papers” explained
Panama Papers, Paradise Papers and now Pandora Papers. This is the name of the latest data leak with which an international research network reveals the secret dealings of hundreds of politicians with letterbox companies. Blick names the four most important points:
contents
The “Pandora Papers” research is based on secret documents from 14 financial service providers operating in tax havens and will last until 2021. The leaks are said to consist of 11.9 million documents or 2.9 terabytes. It is the largest data leak to date on business in tax havens.
Affected personalities
Several high profile politicians. Including the Czech Prime Minister Andrej Babis (67), who is portraying himself as an anti-corruption fighter in the current election campaign. He bought a country castle in southern France for more than 15 million euros through offshore offers, largely anonymously. The Ukrainian President Volodymyr Selenskyj (43), numerous confidants of the Russian President Putin, Jordan’s King Abdullah II (59) and many celebrities such as the model Claudia Schiffer (51) or Manchester City coach Pep Guardiola (50) are or were customers of offshore companies.
Affected countries
The United Arab Emirates and the USA stand out. The Gulf metropolis Dubai, which is about to present itself as a world power with the World Expo, is mentioned no fewer than 328,132 times in the “Pandora Papers”. Mexican drug cartels, Nigerian elites and Belgian jewelers hide their money in Dubai. America – which has been putting pressure on supposed tax havens like Switzerland for years – is getting off badly: An example of this is the case of Ecuadorian President Guillermo Lasso, who closed his accounts at home in 2017 and shifted the money to America.
Switzerland
We play a big part in the revelations. According to the newspaper “Tages-Anzeiger”, which was involved in the research, “Swiss lawyers, trustees and consultants alone looked after 7,000 offshore companies at a large law firm in the Caribbean”. The Swiss customers include autocrats and even people who have since been convicted of money laundering or corruption. The research network raises serious allegations: “Swiss investment advisors protect suspects worldwide.” (nim)
Panama Papers, Paradise Papers and now Pandora Papers. This is the name of the latest data leak with which an international research network reveals the secret dealings of hundreds of politicians with letterbox companies. Blick names the four most important points:
contents
The “Pandora Papers” research is based on secret documents from 14 financial service providers operating in tax havens and will last until 2021. The leaks are said to consist of 11.9 million documents or 2.9 terabytes. It is the largest data leak to date on business in tax havens.
Affected personalities
Several high profile politicians. Including the Czech Prime Minister Andrej Babis (67), who is portraying himself as an anti-corruption fighter in the current election campaign. He bought a country castle in southern France for more than 15 million euros through offshore offers, largely anonymously. The Ukrainian President Volodymyr Selenskyj (43), numerous confidants of the Russian President Putin, Jordan’s King Abdullah II (59) and many celebrities such as the model Claudia Schiffer (51) or Manchester City coach Pep Guardiola (50) are or were customers of offshore companies.
Affected countries
The United Arab Emirates and the USA stand out. The Gulf metropolis Dubai, which is about to present itself as a world power with the World Expo, is mentioned no fewer than 328,132 times in the “Pandora Papers”. Mexican drug cartels, Nigerian elites and Belgian jewelers hide their money in Dubai. America – which has been putting pressure on supposed tax havens like Switzerland for years – is getting off badly: An example of this is the case of Ecuadorian President Guillermo Lasso, who closed his accounts at home in 2017 and shifted the money to America.
Switzerland
We play a big part in the revelations. According to the newspaper “Tages-Anzeiger”, which was involved in the research, “Swiss lawyers, trustees and consultants alone looked after 7,000 offshore companies at a large law firm in the Caribbean”. The Swiss customers include autocrats and even people who have since been convicted of money laundering or corruption. The research network raises serious allegations: “Swiss investment advisors protect suspects worldwide.” (nim)
“Monaco is something like Moscow by the sea,” says Monegasque lawyer Dominique Anastasis to the Guardian. “This shows what you have.” Nobody would ask where the money was coming from. “There is no control culture. Nobody needs to show a tax return. “
Putin denies business relations
One of the richest in the Russian-Monegasque region is Gennady Timchenko, a former Soviet bureaucrat who has been friends with Putin since the 1990s. He received an oil export license from Putin in 1991 and later founded the Geneva and Amsterdam-based oil export company called Gunvor – the Russian president is said to have been a silent partner in the company for a long time.
Another member of Putin’s inner circle is Peter Kolbin, an old friend of the family who, despite poor qualifications, took over the management of Leningrad’s International Petroleum Products in 2003.
Vladimir Putin denies ties to any of these companies listed in the Pandora Papers.
The imprisoned Russian opposition leader Alexei Navalny, on the other hand, regards Putin as “the richest man in the world”. (ct)