Marisa Taylor for McClatchy DC reports on yet another tidbit uncovered by the leak from the  Mossack Fonseca Papers.

As Russian software company Luxoft prepared to offer shares on the U.S. stock market, its executives turned to a well-known U.S. diplomat.

Thomas Pickering, a former U.S. ambassador to Russia who also served as undersecretary of state for political affairs under President Bill Clinton, agreed in May 2013 to be a director of Luxoft Holding Inc. a month before the company’s debut on the New York Stock Exchange.

Pickering is the highest-level former U.S. official to be identified as involved in a Panama Papers offshore company so far. The papers, which were leaked from the Panama law firm Mossack Fonseca to an international group of reporters, including the International Consortium of Investigative Journalists and McClatchy, have already revealed that former and current world leaders had offshore companies and have led to criminal inquiries around the globe, including in the United States.

However, nothing appears illegal or unethical about Pickering’s role, experts said. Pickering said in an interview that he had disclosed his role on Luxoft’s board to the State Department as required under government ethics rules.

“I disclosed about 150 interests, including that I was on this board,” he said. “It is a Russian company and – obviously for tax reasons or otherwise – incorporated itself in Tortola, the British Virgin Islands. That I knew. And I didn’t see any problem with that.”

He also said he’d donated his compensation from the company to charity.

WOW, what a nice guy!