Putin and the Panama Papers: The Kremlin's web of cash

A look at the secret deals that have made the Russian President's friends 'fabulously wealthy'

putin-pod.jpg
Putin the explorer, preparing to dive 60 metres below the Baltic Sea on the research vessel Sea Explorer 5 in July 2013.
(Image credit: ALEXEI NIKOLSKY/AFP/Getty Images)

Reports this morning say a network of secret offshore deals and vast loans worth $2bn (£1.4bn) have "laid a trail" to Russian President Vladimir Putin, making his family, friends and associates "fabulously wealthy".

What is being alleged in brief?

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