As Vladimir Putin rose to power, his childhood friends, brothers Boris and Arkady Rotenberg, amassed billions of dollars and control over major companies. So it was little surprise when they were sanctioned by the United States in 2014, and later by the European Union, in the wake of Russia’s invasion of Ukraine and annexation of Crimea.
But how much have these sanctions really affected them, and what did they do to minimize their impact?
OCCRP and IStories obtained over 50,000 leaked records that show how lawyers, advisors, and service providers working for the oligarchs’ interests helped obscure the Rotenbergs’ ownership of businesses and luxury real estate in Europe and around the world.
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