Home / World / The U.S. Treasury considers Russian President Vladimir Putin to be corrupt – BBC investigation

The U.S. Treasury considers Russian President Vladimir Putin to be corrupt – BBC investigation

A representative of the U.S. Treasury Department has told BBC Panorama that the Russian president is corrupt
The U.S. Treasury considers Russian President Vladimir Putin to be corrupt - BBC investigation

Adam Szubin, who oversees US Treasury sanctions, has told BBC Panorama that the Russian president is corrupt and that the US government has known this for “many, many years”, Joinfo.ua reports with reference to BBC.

He said: “We’ve seen him enriching his friends, his close allies, and marginalising those who he doesn’t view as friends using state assets. Whether that’s Russia’s energy wealth, whether it’s other state contracts, he directs those to whom he believes will serve him and excludes those who don’t. To me, that is a picture of corruption.”

Mr Szubin would not comment on a secret CIA report from 2007 that put Mr Putin’s wealth at around $40bn (£28bn). But he said the Russian president had been amassing secret wealth.

“He supposedly draws a state salary of something like $110,000 a year. That is not an accurate statement of the man’s wealth, and he has long time training and practices in terms of how to mask his actual wealth.”

The Kremlin denies such allegations. In 2008, President Putin personally addressed claims that he was the richest man in Europe, saying: “It’s simply rubbish. They just picked all of it out of someone’s nose and smeared it across their little papers.”

It should be recalled that last week the UK public inquiry announced conclusion on the murder of ex-Russian spy Alexander Litvinenko in 2006. It said that Vladimir Putin had “probably” approved the murder of ex-spy Alexander Litvinenko.