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By the time Putin became president, he was well acquainted with the double standards of Western democracies, which preached liberal values at home but were very happy to help build illiberal regimes everywhere else.
On the contrary, when Americans condemn Russian, Ukrainian, or post-Soviet corruption, they rarely reckon with the role their fellow citizens have played, or are still playing, in enabling it.
A 2021 investigation showed that Swiss banks were hiding $10 billion4 on behalf of officials working at Venezuelan state banks, electrical utilities, and other entities.