Russian president used \u0027slush fund\u0027 to build heavily guarded, multi\u002Dmilllion property empire, say investigators
The investigation drew on documents provided by an unnamed whistleblower described as an executive in the “business empire of one of the president’s closest friends” who was directly involved in managing a Cyprus-based company used as a slush fund.
Documents revealed how Putin’s close friends and their companies were pumping money into Ermira, the Cypriot company, which was later used to buy luxury estate and provide for the needs of Putin and his family.Article content Known for her secretive lifestyle, Kabaeva was revealed as the owner of a number of other luxury properties across Russia, worth a total of $120 million, including a penthouse in Sochi on the Black Sea which is believed to be the biggest apartment in Russia.
France Dernières Nouvelles, France Actualités
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