Kremlin hits out as Panama Papers implicate Putin circle

Russian President Vladimir Putin (front) and his close friend Sergei Roldugin -- who is implicated in the Panama Papers scandalA furious Kremlin said Monday it was the target of a plot to destabilise Russia after a huge leak of confidential documents implicated President Vladimir Putin’s close associates along with other world leaders in allegations of shady offshore financial dealings. A year-long worldwide media investigation into a trove of 11.5 million documents, leaked from a Panama-based law firm with offices in 35 countries, exposed a tangle of offshore financial dealings by the elite, from Putin’s aides to relatives of Chinese President Xi Jinping, sports celebrities and screen stars. The vast stash of records from legal firm Mossack Fonseca, the so-called Panama Papers, was obtained from an anonymous source by German daily Sueddeutsche Zeitung and shared with more than 100 media groups by the International Consortium of Investigative Journalists (ICIJ).

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