Journalists expose the riches of Putin's distant relative
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A group of journalists behind the Panama Papers offshore accounts expose has published an investigation detailing how a distant relative of Russian President Vladimir Putin has made a fortune.
The Organized Crime and Corruption Reporting Project on Wednesday published a piece claiming that Mikhail Shelomov, the son of Putin's cousin, has over the years amassed nearly $600 million in assets.
Investigative journalists have written about Putin's childhood friends and distant relatives amassing fortunes before. Putin has denied helping his entourage get rich.
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Wednesday's piece detailed how Shelomov's company amassed stakes in lucrative businesses run by Putin's inner circle.
The OCCRP was one of the media outlets that brought to life documents of a Panamanian law firm showing how hundreds of rich and powerful people registered companies in tax havens.