New York • Newly leaked documents show that Commerce Secretary Wilbur Ross has a stake in a shipping company that does business with a gas producer partly owned by the son-in-law of Russian President Vladimir Putin.
The group of journalists behind the Panama Papers reports that leaked records show Ross has a stake in Navigator Holdings. Navigator got 8 percent of its revenue last year shipping gas from Sibur.
The International Consortium of Investigative Journalists is reporting on a leak of 13.4 million records of offshore entities in tax havens.
The group quotes a Commerce Department spokesman as saying that Ross joined the Navigator board only after it began its Sibur shipments and that he abides by the "highest ethical standards.