Putin's entourage may own $4.5 billion in assets, Meduza

Putin's entourage may own $4.5 billion in assets, Meduza

Russian President Vladimir Putin's entourage may hold assets worth at least about $4.5 billion.

Putin's entourage may own $4.5 billion in assets, “Medusa”

This is reported by “Medusa”.

The publication notes that Putin found a huge palace on the Black Sea coast, a ski resort and a villa in the north of the Leningrad region, but so far it has not been possible to document that all this belongs to him. Since, after each investigation, one of the old friends of the President of Russia allegedly claimed to be involved in this property.

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However, it turned out that all these assets have something in common, namely the IT infrastructure. In particular, organizations of so-called friends of Putin use mail on the LLCIinvest.ru domain, which is owned by “Moskomsvyaz”, which has a connection with “Russia” and through it – with the entourage of the Russian president.

Putin's cooperative

For journalists “Meduza” managed to find 86 companies that use mail on llcinvest.ru. The total value of their assets is about $4.5 billion – these are mansions, business jets, yachts and bank accounts with huge sums of money.

Many of these companies have – the same directors, legal addresses and auditors. Part is directly owned by the bank “Russia”, part is registered to its shareholders, including billionaire Yuri Kovalchuk and “Putin's girlfriend” Svetlana Krivonogikh.

“The only explanation that comes to mind is – all these companies are united by a common management system”, – corruption expert said on condition of anonymity.

According to him, the LLCInvest group of companies was formed around people who were close to Putin during his work in the St. Petersburg mayor's office in the 1990s. He also believes that this association can be arranged as a cooperative, whose members are likely to exchange property and services.

At the same time, the press secretary of the President of the Russian Federation Dmitry Peskov denies his connection with LLCInvest.

“The President of the Russian Federation is in no way connected or affiliated with the objects and organizations you named”, – he noted.