Investigative reports

Massive Investigative Report Documents Kremlin-Linked Shell Companies

An international consortium of investigative reporters has documented a vast network of shady money transfers used by close associates of Russian President Vladimir Putin to funnel as much as $2 billion into offshore shell companies.

The information was released on April 3 as part of a massive new report called The Panama Papers, examining scores of world leaders and public officials around the world, and a system of money transfers and secretive corporate registries that enable vast sums of money -- often ill-gotten -- to be hidden away from law enforcement and regulators. 

Published simultaneously by multiple news organizations in multiple languages, the materials also link companies controlled by the prime ministers of Iceland and Pakistan, the children of Azerbaijan’s president, the king of Saudi Arabia, and many others.