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Putin-linked businesses

Paradise Papers leaks show US commerce chief’s ties to Putin-linked businesses

WASHINGTON: US Commerce Secretary Wilbur Ross has business ties to a shipping firm linked to Vladimir Putin's inner circle, leaked documents showed Sunday. Ross, a billionaire investor, holds a 31 percent stake in Navigator Holdings through a complex web of offshore investments detailed in leaked documents from a law firm examined by nearly 100 news organizations as part of an international collaboration. The 79-year-old reduced his stake when he took public office, according to public filings. Navigator Holdings…