Post Reports Putin, a shop cleaner and a Monte Carlo mystery
Oct 6, 2021
Paul Sonne, a National Security reporter for The Washington Post with expertise in Russian affairs, delves into the intriguing story of Svetlana Krivonogikh, a former shop cleaner linked to Putin. They discuss how she acquired a luxury Monaco apartment, revealing the secrets behind her sudden wealth. Sonne highlights the Pandora Papers and how they expose the concealed fortunes of Russian elites, raising critical questions about the intertwining of money and political power. The conversation shines a light on hidden ownership structures and the risks faced by journalists uncovering these stories.
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Krivonogikh's Wealth
- Svetlana Krivonogikh, reportedly linked to Vladimir Putin, amassed significant wealth, including a Monaco apartment.
- She owns stakes in Bank Rossiya, a ski resort, and multiple luxury apartments.
Hidden Ownership
- Pandora Papers reveal Krivonogikh owns the Monaco apartment through Brockville, a BVI shell company.
- This company was created weeks after her child's birth, obscuring ownership through nested companies.
Putin's Oligarchs
- Putin has created a new class of oligarchs, often with personal connections to him, who have become billionaires during his presidency.
- These individuals' companies often win major government contracts, raising questions about their wealth accumulation.