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US Treasury Secretary sparks row by calling Russian President corrupt

  • US Treasury Secretary (acting), Adam Szubin, accused Russian President Vladimir Putin of being corrupt. A CIA report from 2007 had earlier quoted his estimated wealth to be in the region of $40 billion. The Kremlin denied the allegations out rightly citing Putin’s public disclosures of 7.65 million roubles, ownership of two apartments and a share in a car parking garage. This comment is bound to further damage relations between the US and Russia.