Home » Putin and Kabaeva live in a residence in Valdai and spend money from the “common fund” – media (photo)

Putin and Kabaeva live in a residence in Valdai and spend money from the “common fund” – media (photo)

by alex

The couple use Putin's funds hidden in Cyprus to buy luxury real estate.

Russian President Vladimir Putin, along with a gymnast and probable mother of his children, Alina Kabaeva, live in a residence in Valdai and spend money from the Cypriot offshore Ermira Consultants, which is a “common fund” for the head of the Kremlin and his entourage.

This was reported by the Russian opposition publication “Proekt”.

The residence of the Russian dictator and his probable wife or mistress is already surrounded by VIP villages. To buy luxury real estate, the couple uses Putin's funds hidden in Cyprus. Most of the money is laundered through the company Ermira Consultants , which holds shares in important enterprises for the President of the Russian Federation.

The journalists of the publication managed to talk with the ex-business manager of one of Putin's closest friends, who was involved in the management of a secret financial network, which included the Ermira company. The ex-manager said that until 2015 the owner of the company was a figurehead, namely the St. Petersburg lawyer Vladislav Kopylov. In fact , purchases for Putin and his relatives were paid from Ermira's accounts , including apartments and houses for this money. The source of the publication called the Ermira company a “common fund”.

Offshore ownership since 2015 could have passed to the people of the Russian oligarch Arkady Rotenberg. According to sources, relatives of the President of Russia met with Rotenberg, businessman and friend of Putin – Yuri Kovalchuk, their subordinates and voiced what they needed.

After that, relatives of the Russian dictator bought housing with Ermira's money. So, in 2011, with this money, four apartments in Sochi were purchased for Kabaeva and registered with trustees.

The article also says that Ermira was also enriched by the circulation of NMG shares, the board of directors of which is headed by Kabaeva . So, in 2013, a Cypriot company acquired 7.5% of the shares for 76 million euros. However, after three months, she probably sold them to the structures of the Russian oligarch Gennady Timchenko for 65.6 million euros more.

It is worth noting that the official owners of all real estate that Putin's offshore buys are his company or front men, and not his relatives.

The material of the publication also indicates that Putin and Kabaeva live together. The gymnast's assistants and cousins often visit the residence of the President of the Russian Federation in Valdai . One of her sisters has a place to live nearby.

On the territory of the residence in Valdai, a separate wooden tower was built for Kabaeva and the children. An identical detached house for Putin's likely mistress is located next to his palace.

In 2021, a pier for boats was built near Kabaeva’s tower, from which you can cross the canal and find yourself in a 28-hectare park.

The neighborhood of the residence is a nature reserve, which includes the territory of the Valdai National Park, which is under the protection of the law.

It is also reported that in 2018 a secret railway was built for Putin , along which he, probably by armored train, arrives at his residence.

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