Russian President Vladimir Putin owns several luxury real estate in the German capital Berlin and in Munich (south), according to an article published this Friday by the German tabloid bild.
According to this medium, Putin acquired in recent years the Munich Opera Palace, whose value is estimated at 300 million eurosas well as the building that houses the Hotel Sofitel, also in the Bavarian capital.
Last year, investigation of documents known as the Pandora Papers had revealed that the Munich palace was linked to a shell company based in the Virgin Islands.
This company is connected, according to an investigation by several German public channels, to the Russian businessman Ruslan Yevgenevich Goriujin, who in turn is linked to the millionaire Arkadi Rotenberg, known as one of Putin’s closest friends.
According to information published today by bild, the Russian president is also the actual owner of a 33-storey building on Berlin’s central Kurfürstendamm avenue, as well as a luxury villa with 1,850 square meters of land south of the capital.
In the registry, these properties appear as the property of companies related to Arkadi Rotenberg and his brother Boris, both subject to sanctions in the United States and the United Kingdom due to the link between their companies and the war in Ukraine.
This month, the German authorities immobilized in a shipyard in Hamburg (north) several yachts allegedly owned by Russian oligarchs on the European sanctions list.
However, to date there have been no confiscations, since in practice it is often difficult to determine the real owner of these luxury goods, which are generally in the name of companies based in tax havens. (I)
Source: Eluniverso
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