HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » When no table is long eno...

Tue May 3, 2022, 01:40 PM

When no table is long enough: Putin gives the oligarchs the bad news on Invasion Day.



Three dozen tycoons met Putin on Invasion Day. Most had moved money abroad.

On the February day he launched the invasion of Ukraine, Russian President Vladimir Putin called to the Kremlin a group of his nation’s wealthiest businessmen.

The invasion was a “necessary measure,” Putin told the group, according to news agencies. Alluding to the economic sanctions they would probably face from the United States and European Union, he added, “We all understand the world we live in.”

Each of the invitees was a stalwart of the Russian economy. Fourteen have ranked as billionaires. Their companies represented the nation’s key industries — oil and gas, banking, chemicals. Some have met with Putin for more than two decades.

Yet despite their ties to Putin and standing within Russia, many of them had been moving their wealth out of the country for years, documents show. Of the 37 attendees, more than half are linked directly or through a close relative to offshore companies that handled transactions worth hundreds of millions of dollars, making financial investments, issuing loans and forming family trusts, according to a Washington Post tally based on secret documents in a pair of troves known as the Pandora Papers and Paradise Papers.

https://www.washingtonpost.com/world/interactive/2022/offshore-putin-russia-oligarchs-pandora/

1 replies, 568 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply When no table is long enough: Putin gives the oligarchs the bad news on Invasion Day. (Original post)
speak easy May 3 OP
samsingh May 3 #1

Response to speak easy (Original post)

Tue May 3, 2022, 02:18 PM

1. this is embarassing beyond measure

what a weak buffoon

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread