Well-known Lithuanian businesspeople and politicians mentioned in Panama Papers, reporter says

Šarūnas Černiauskas, an investigative journalist at the online newspaper 15min.lt, has been one of the reporters working with the so-called Panama Papers, millions of documents leaked from the Panamanian law firm Mossack Fonseca.

He says that the documents name a number of Lithuanian businesspeople linked to offshore companies.

“There are a number of businesspeople who are known to the public. We have also identified two individuals who are closely linked to well-known Lithuanian politicians,” Černiauskas said on LRT TV programme “Dėmesio Centre”.

So far, 15min.lt has reported about former president of the Lithuanian Football Federation Liutauras Varanavičius. Mossack Fonseca documents identify him as the owner of a company registered in the British Virgin Islands that conducted money transactions, including a multi-million-euro deal to sell the Sports Palace in Vilnius.

“While working with the Panama Papers, we noticed that offshore companies are more often used not to manage business, but to finance it, to bring possibly unaccounted money into Lithuania from offshore jurisdictions or take it out,” Černiauskas said.

Related Post

He says he is currently working on more stories based on the Panama Papers.

15min.lt has also reported that accounts in the Lithuanian bank Ūkio Bankas were used in transactions linked to Russian President Vladimir Putin.

“I am glad that, after the first reports, [Lithuania’s] Financial Crime Investigation Service checked the accounts linked to Vladimir Putin’s friend Sergei Roldugin. I hope that state agencies will continue to react to our reports,” Černiauskas has said, adding that he cannot share the Panama Papers with law enforcement officers as per agreement with ICIJ.

Share

Recent Posts

  • Tribune

Historical novel by Kazakh writer Ermek Tursunov “Mamluk”in Lithuanian language presented in Vilnius

On the eve of the Independence Day of the Republic of Kazakhstan, on December 13,…

4 days ago
  • Foreign affairs

After Nausėda meeting with Budrys, the opposition retorts to the candidate’s “cooling off “

Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…

1 month ago
  • Tribune

Rediscover Bulgaria’s Ancient Heritage: Plovdiv’s Restored Eastern Gate and Nebet Tepe

In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…

1 month ago
  • Foreign affairs

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

"We can shout very loudly, but it won't change the position of the American people,"…

2 months ago
  • Latest

Lies, disrespect and mockery: experts assess Blinkevičiūtė’s “gift” to voters without scruples

From mocking messages flooding social networks to harsh criticism from political experts, the decision of…

2 months ago
  • Foreign affairs

Another year in the sovereign history of Kazakhstan

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…

2 months ago