▁of ▁$ 1 0 0 – 1 6 0   b ill ion ) ▁and ▁Russian ▁( St an is lav ▁Bel kov sky ▁estimated ▁of ▁$ 4 0   b ill ion ) ▁anal yst s , ▁C IA ▁( est imate ▁of ▁$ 4 0   b ill ion ▁in ▁ 2 0 0 7 ) ▁as ▁well ▁as ▁counter arguments ▁of ▁Russian ▁media . ▁Poly graph ▁concluded : ▁ ▁In ▁April ▁ 2 0 1 6 , ▁ 1 1 ▁million ▁documents ▁belonging ▁to ▁Pan aman ian ▁law ▁firm ▁M oss ack ▁Fon se ca ▁were ▁le aked ▁to ▁the ▁German ▁newspaper ▁Süd deutsch e ▁Zeitung ▁and ▁the ▁Washington - based ▁International ▁Cons ort ium ▁of ▁Investig ative ▁Journal ists . ▁The ▁name ▁of ▁Vladimir ▁Put in ▁does ▁not ▁appear ▁in ▁any ▁of ▁the ▁records , ▁and ▁Put in ▁denied ▁his ▁invol vement ▁with ▁the ▁company . ▁However , ▁various ▁media ▁have ▁reported ▁on ▁three ▁of ▁Put in ' s ▁associ ates ▁on ▁the ▁list . ▁According ▁to ▁the ▁Pan ama ▁Pap ers ▁leak , ▁close ▁trust ees ▁of ▁Put in ▁own ▁off sh ore ▁companies ▁worth ▁US $ 2   b ill ion ▁in ▁total . ▁The ▁German ▁newspaper ▁Süd deutsch e ▁Zeitung ▁regards ▁the ▁possibility ▁of ▁Put in ' s ▁family ▁prof iting ▁from ▁this ▁money ▁as ▁pla us ible . ▁ ▁According ▁to ▁the ▁paper , ▁the ▁US $ 2   b ill ion ▁had ▁been ▁" secret ly ▁sh uff led ▁through ▁banks ▁and ▁shadow ▁companies