Navalny reveals investigation into ‘Putin’s Palace’ | DW News
The husband of the president’s youngest daughter bought 3.8% of the company &# 171; Sibur&# 187; for only $ 100
WASHINGTON – In February 2013, Yekaterina Tikhonova, the youngest daughter of President Vladimir Putin, married the son of one of the closest friends of Russian leader Kirill Shamalov.
The wedding was magnificently celebrated for three days at a ski resort in the Leningrad region.
Among other gifts, soon after the wedding, the newlyweds got an impressive share of the shares of the petrochemical giant Sibur.
According to emails recovered by the Russian investigative agency iStories, a partner of the Organized Crime and Corruption Reporting Project (OCCRP), Putin’s son-in-law acquired about $ 400 million worth of shares in a petrochemical company for just $ 100..
This information has caused a wave of criticism from anti-corruption activists who call the deal another example of Kremlin nepotism and the enrichment of Putin’s close associates..
“Well, that is, quite simply,” wrote opposition leader Alexei Navalny on his blog. “Putin’s daughter got married, and the newlyweds received $ 380 million for the wedding.”.
According to the investigation, after his wedding with Tikhonova, Shamalov bought 3.8 percent of Sibur shares through a network of offshore companies. In 2008, Shamalov became one of the vice presidents of the oil giant.
Private e-mails obtained using a large-scale data breach also indicate that the newlyweds continued to lead a lavish lifestyle: they bought a luxurious mansion near Putin’s country residence on the outskirts of Moscow and a villa in the French resort town of Biarritz. The furnishings were also expensive: one carpet cost $ 65,000; several Japanese books – $ 7,000 and the spa – about $ 350,000.
Kirill is the son of millionaire Nikolai Shamalov, who in the 1990s, together with Putin, founded the Ozero dacha cooperative near St. Petersburg. When Putin became president, many members of the cooperative took up leadership positions in Russian government and business..
Shamalov was among the officials and close associates of Putin who are subject to US sanctions for “malicious” activities of Russia, including interference in the US elections.
Kremlin spokesman Dmitry Peskov on Tuesday denied reports of a “wedding gift”.
“We still do not comment on such publications,” he told reporters, adding that these are rumors, “often having nothing to do with reality.”.
Peskov also said that Putin does not care about media investigations of his family..
President Biden Presses Putin On Election Interference, Navalny Poisoning | TODAY White House press secretary told reporters about the details of Biden’s…
Boris Nemtsov murder ‘a wake-up call’ on state of Putin’s Russia | Channel 4 News Russian opposition plans to hold a mass rally in Moscow in memory of…
Putin arrives in Crimea to mark fifth anniversary of annexation Russian annexation of Crimea was preceded by # 171; referendum # 187; not recognized by…
Putin grants $ 1.5B loan to Belarus at meeting with Lukashenko The leader of the Belarusian opposition said that the President of Russia # 171; supported…
Putin Says Russia Has Surpassed the U.S. In Hypersonic Weapons | TIME The President of the Russian Federation spoke about the new systems that he called…