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Putin lives with Russian gymnast and earns money through offshore company selling vodka – media

Tuesday, 28 February 2023, 13:41
Putin lives with Russian gymnast and earns money through offshore company selling vodka – media

Russian dictator Vladimir Putin and Alina Kabaeva, gymnast and likely mother of his children, live together in a residence in Valdai using Putin's funds from the Cyprus offshore company Ermira Consultants - this company is a "common treasury" for Putin and his entourage. 

Source: Proеkt (Project) 

Details: Putin and Kabaeva most often live in a residence on Valdai, which is overgrown with VIP villages around.

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To buy luxury real estate, they use Putin's funds hidden in Cyprus. Funds are laundered through the company Ermira Consultants, which has registered shares in important enterprises for Putin.

The journalists met with a former business manager of one of the president's closest friends, who was involved in managing a secret financial network that included Ermira.

The source said that until 2015, the company was owned by a figurehead, a lawyer from Saint Petersburg, Vladislav Kopilov; but in fact, Ermira accounts paid for purchases for Putin and his relatives. He also used this money to buy apartments and houses.

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The source of the publication called the company Ermira an "obshchak" [a common treasury of a criminal group – ed.].

 

Since 2015, the ownership of the offshore company probably passed to the people of oligarch Arkady Rotenberg.

The source said that Putin's relatives personally met with Rotenberg, Yuriy Kovalchuk and their subordinates and told them what they needed.

After that, they used Ermira's money to buy housing: for example, in 2011 Kabaeva bought four apartments in Sochi with this money and issued them to trustees. In particular, to Kabaeva's grandmother, who actually lives in an old country house in the suburbs of Moscow.

 

The journalists also found out that the Cypriot company was enriched by the circulation of shares of the National Media Group, whose board of directors is chaired by Kabaeva.

In 2013, Ermira purchased 7.5% of the shares for 76 million euros, but three months later, it allegedly sold them to the financial structures of Gennady Timchenko [a Russian oil oligarch with close ties to Vladimir Putin – ed.] for EUR65.6 million more. 

It should be noted that the ownership of all the real estate that Putin buys offshore belongs to his company or fictitious persons, and not to his direct relatives.

It was also discovered that Putin and Kabaeva live together. Assistants and cousins of the gymnast are constantly at Putin's residence in Valdai, and one of the sisters even has an apartment nearby.

сестры и помощницы Кабаевой, которые постоянно ее сопровождают
Sisters and assistants to Kabaeva, who constantly accompany her

A separate wooden terem [a traditional Russian living quarters built for women of elite background – ed.] was built for Kabaeva and her children on the territory of the Valdai residence, an identical separate house for her personally stands also next to his palace.

 
PUTIN'S PALACE AT VALDAi
 
KABAEVA'S HOUSE ON VALDAi

The journalists decided not to publish information on the children of Putin and Kabaeva for ethical reasons, because they are minors.

At the same time, the first child of Putin and Kabaeva was born in 2015 at the expensive Saint Anna clinic in Switzerland.

The second child was probably born in the spring of 2019, this time on the territory of the Russian Federation.

In 2021, a boat pier was built near Kabaeva’s terem, from which you can swim across the canal and find yourself in a 28-hectare park.

 
Park near Putin's residence in Valdai

The surroundings of the residence are nature reserves, in particular, they include the territory of the Valdai National Park, which is protected by law.

However, in 2018, a secret railway was built for Putin, which he uses to get to the residence, presumably in his armoured train.

 
Putin's office

In total, Kabaeva and her relatives use real estate worth at least USD120 million.

In addition to the extensions to Putin's palaces, Kabaeva has the largest penthouse in Russia. It is located in the Royal Park residential complex in Sochi, and it was also bought with funds from Putin's "obschak" in Cyprus, which once again proves Kabaeva's connection with him.

The penthouse area is 2,600 square metres, it has a swimming pool, a cinema, a patio and its own helipad, and the design was developed by Valentin Yudashkin [a prominent Russian designer – ed.]

In 2021, Kabayeva's penthouse was recognized as "the largest apartment in Russia".

At the same time, the penthouse is currently vacant. Nobody lives there.

Background: 

  • A secret railway and a network of stations leading to his residences were built in Russia for Vladimir Putin, President of the aggressor country. Earlier, it was reported that Putin has started travelling around the country on his armoured train.
  • Thus, there is a railway station with a helipad next to the village of Dolgie Borody on the territory of the Valdai National Park nature reserve – this is the nearest settlement to Putin's beloved Valdai residence. Three local residents told the publication that the station and a special railway line to it were built just for the head of state.
  • Russian President Vladimir Putin has been increasingly using an armoured train for long-distance trips to his residences, which he switched to in the spring of 2021.
  • It was also reported in December 2022 that Russian President Vladimir Putin has an extensive chain of secret bunkers stretching from Moscow to the Urals, and new underground shelters continue to be built in Russia.

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