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Sberbank is owned by the Russian government. It's not the fact that Sberbank is simply "owned" by the Russian government that should be of interest; its what S
by kafkaesq 11y ago
Sberbank is owned by the Russian government.
It's not the fact that Sberbank is simply "owned" by the Russian government that should be of interest; its what Sberbank does for the Russian government.
And it is these activities that the recent leaks have shed significant light on.
- darawk 11y agoI agree that what it does for the Russian government is very shady, but it doesn't seem like much of that was revealed by the Panama Papers. This article makes a lot of accusations, but almost all of them are things that preceded this leak. The only thing actually revealed by the Panama Papers in this article, as far as I can tell is this: "As reported this week by the Organized Crime and Corruption Reporting Project, a consortium of journalists exploring the Panama Papers leak, Sberbank and Troika Dialog are used by members of Mr. Putin’s inner circle to shift public funds into sometimes questionable private investments" Which isn't great, but is hardly groundbreaking news.