Putin calls Panama Papers a plot by the U.S. to weaken Russia

As for Putin's cellist pal found to own offshore companies worth $2 billion, Putin said it was "nonsense."
 By 
Christopher Miller
 on 
Original image replaced with Mashable logo
Original image has been replaced. Credit: Mashable

Teflon Putin, as the Russian president has been called for his ability to let accusations roll right off of him, was in pristine form on Thursday.

It's been five days since the Panama Papers, which some are calling the biggest leak in the history of journalism, uncovered evidence showing his close friends laundered money through elaborate offshore financial schemes, likely for his benefit.


You May Also Like

Speaking for the first time since the revelations, which came with the leak of millions of confidential documents from the Panamanian law firm Mossack Fonseca, Putin casually dismissed them, denying "any element of corruption." 

Then he repeated a line pushed by Russian state media, as well as Wikileaks, that the papers are merely a U.S.-orchestrated disinformation campaign waged against Russia to weaken its government and force regime change.

"WikiLeaks has shown us that official people and official U.S. organs are behind this," Putin said.

Putin's spokesman, Dmitry Peskov, earlier this week said the papers "found out little new" and blamed "Putinphobia" for Western media's focus on the president. 

Putin himself was not named in the Panama Papers, something he brought up. "Your humble servant was not there, but they don't talk about that," he said, referring to Western media.

The Kremlin has posted a transcript of the event with Putin's comments.

But the International Consortium of Investigative Journalists (ICIJ) found the names of some of the Russian president's closest friends involved in offshore financial schemes.

One of them was Sergei Roldugin, a renowned Russian cellist and decades long friend of Putin's. Their friendship dates back to the 1970s, even before Putin's KGB days, when the two men used to cruise Leningrad (now St. Petersburg), get into street fights and play football together. Roldugin is also the godfather to Putin's daughter Maria.

Putin said his longtime comrade, who was found in the Panama Papers to be the owner of $2 billion in offshore assets, has done nothing wrong. 

"He is a minority shareholder in one of our companies and it makes some money, but it is certainly not billions of dollars. That's nonsense," the president said.

Mashable Image
Sergei Roldugin is seen with President Vladimir Putin while visiting the St. Petersburg House of Music, in Saint Petersburg, Russia, November 21, 2009. Credit: DMITRY ASTAKHOV/AFP/Getty Images

Putin said he was proud of Roldugin, adding that the musician spent his personal money to buy expensive musical instruments from abroad and bring them to Russia in order to advance the country's cultural projects.

"We always welcome when someone does something like this, but it goes even further," Putin said. "I am proud that I have such friends."

BONUS: Everything you need to know about the Panama Papers in two minutes


Have something to add to this story? Share it in the comments.


Mashable Image
Christopher Miller

Christopher is Mashable's Senior Correspondent covering world news, particularly the post-Soviet space and especially Ukraine, where he lived and worked for more than five years. As an editor at Ukraine's Kyiv Post newspaper, Christopher was part of the team that won the 2014 Missouri Honor Medal for Distinguished Service in Journalism for coverage of the Euromaidan Revolution, Russia's annexation of Crimea and the war in eastern Ukraine. Besides Mashable, he has published with The Telegraph, The Times, The Independent and GlobalPost from such countries as Greece, Italy, Israel, Russia and Turkey, among others, as well as from aboard a search and rescue ship off the Libyan coast. Originally from rainy Portland, Oregon, he is also a Returned Peace Corps Volunteer (Ukraine) currently based in New York.

Mashable Potato

Recommended For You
'GTA 6' Netflix extended look: Everything we learned about the plot in the 26-minute reveal
This illustration photo created in Los Angeles, California, on December 5, 2023, shows Rockstar Games' Grand Theft Auto 6 trailer played on computer screens.


Microsoft AI boss calls out Anthropic for chasing AI consciousness, reigniting old debate
Anthropic Co-founder and CEO Dario Amodei speaks at a panel in september 2026

'House of the Dragon' director calls Ormund Hightower 'evil'
A man stands opposite a younger man, clasping his face with both hands.

911 calls are getting the AI treatment now
A 911 operator stares at a screen amid a bank of computer screens.

Trending on Mashable
'Ted Lasso' just sank to a new low
Jason Sudeikis and Annette Badland in "Ted Lasso."

Wordle today: Answer, hints for October 2, 2026
Wordle game on a smartphone

NYT Connections hints today: Clues, answers for October 2, 2026
Connections game on a smartphone


NYT Connections hints today: Clues, answers for October 1, 2026
Connections game on a smartphone