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Putin Rejects Connections to Offshore Accounts in Panama Papers

Russia's President Vladimir Putin attends his annual press conference in Moscow on December 19, 2013. AFP PHOTO / KIRILL KUDRYAVTSEV (Photo credit should read KIRILL KUDRYAVTSEV/AFP/Getty Images)

Russian President Vladimir Putin has denied having any links to offshore accounts and is describing the Panama Papers document leaks scandal as part of Western efforts to weaken Russia.

Putin, speaking Thursday at a media forum in St. Petersburg, says even though his name didn’t figure in any of the documents leaked from a Panamanian law firm, Western media pushed the claims of his involvement in offshore businesses.

Putin described the allegations as part of the U.S.-led disinformation campaign waged against Russia in order to weaken its government.

Putin said his longtime friend, cellist Sergei Roldugin, who figured in the Panama Papers as the owner of $2 billion in offshore assets, has done nothing wrong. He said he was proud of Roldugin, adding that the musician spent his personal money to advance cultural projects in Russia.

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