Opinion
The Pandora revelations about Putin’s money are slim pickings
Blocked by post-Ukraine sanctions from storing their loot in the West, the Russian kleptocracy has turned its attention to coup-proofing the regime.
Leonid BershidskyContributorYou would expect the biggest leak of offshore data in history to contain lots of damaging information about Russian President Vladimir Putin, or at least his close circle of friends.
But the Russia-related portion of the Pandora Papers, an almost-3-terabyte cache of information about offshore companies and their end beneficiaries that took 600 journalists more than a year to research, appears to be disappointing. The findings are dated, relatively insignificant or both.
Bloomberg Opinion
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