Russian President Vladimir Putin has enriched himself and his cronies through shell companies in the Virgin Islands and elsewhere, a trove of newly leaked documents reveal.
Among the alleged beneficiaries is Putin’s longtime mistress, whose “shadow wealth” includes a $4 million apartment in Monaco, a yacht, nearly 12 million documents known as the “Pandora Papers” show, The Guardian said.
Svetlana Krivonogikh, 46, has been romantically linked with the Russian strong man since he was still deputy mayor of her hometown of St. Petersburg, and reportedly has a daughter with him.
In September 2003, an offshore company called Brockville Development Limited — through two other Panamanian companies — bought her the luxury fourth-floor apartment in Monte Carlo.
Her net worth is now estimated at $100 million, which includes a compound of properties in the Russian city, the report reveals.
Krivonogikh is far from alone in benefiting from a long-standing relationship with Putin.