Russian Oligarch Arkady Rotenberg Reportedly Claims He’s The Owner Of Vladimir Putin’s Luxurious Black Sea Mansion, Not Putin

Billionaire Oligarch Arkady Rotenberg is either telling the truth when he allegedly states that he owns a luxurious mansion on the Black Sea of ​​Russia, not Vladimir Putin, or wishes he died, as we all know Putin must Many who have missed or displaced often turn missing or dead under mysterious circumstances. Is this a coincidence? Let me decide that on your own. However, a video by Alexei Navalny, a staunch critic of the Kremlin, has gone viral in Russia and has been viewed more than 100 million times. In the video, there is allegedly a clip of Rottenberg stating that he owns the Black Sea mansion. It was previously believed that Vladimir Putin was the owner. Rottenberg has close ties to Putin. The clip used in Navalny’s video was part of an Rottenberg interview on a Kremlin channel.

Speaking of Navalny, as I was writing this article a news alert on my phone said that he had been sentenced to more than two years in prison by a Russian court.

Alexander NEMENOV / AFP via Getty Image

Rotenberg’s public relations team released a quote from him stating: “I managed to work out an agreement with creditors a few years ago, and I became a beneficiary of this site a few years ago.” Rottenberg is reportedly undergoing a massive renovation of the property, which is expected to transform the building from a family mansion to an apartment hotel for a year and two. The ownership of the hotel came under question when Alexei Navalny and his team published a documentary expressing criticism for Putin and the Kremlin. Navalny’s investigation alleged that the mansion cost $ 1.37 billion, which was paid, according to Navalny, “the largest bribe in history.”

The mysterious Black Sea Palace was first reported by the BBC in 2012. At the time, a former associate of Putin alleged that the property was created specifically for his wishes and his personal use. However, a spokesperson for Putin refused at the time. Putin denied that he or any member of his family directly owned the property earlier this week.

Corruption claims that Navalny took to social media in Russia in his documentary, especially on Tiktok. The allegations sparked protests in several locations across the country last weekend. The protests were in support of Navalny and were Putin’s biggest rallies in years. More than 4,000 people were arrested for participating in the protests demanding the release of Navalni. Alexei Navalny was detained soon after returning to Russia by flight from Germany. Navalny was in Germany for the better part of a year recovering from an attempt on his life with a naval agent. Many close friends and family of Navalni have also been taken into custody, including her brother and pussy riot Maria Alokina. Sergei Smirnov, the editor of a Russian human rights website outside his home, was also arrested over the weekend.

Arkady Rotenberg is a close friend of Putin. He is in the construction business building infrastructure including bridges and gas pipelines. Arkady and Putin were childhood friends. Arkady was Putin’s partner of judo. He was also the target of 2014 sanctions by the US and Europe after the Treasury Department accused Putin of awarding billions to Rotenberg and his brother for the Winter Olympics in Sochi. At the time, US officials described Arcady as a member of the “inner circle of Russian leadership” who “provided support for Putin’s pet projects.” When those restrictions were lifted, Arcadi transferred the property to his son Igor. Assets transferred included family stakes in road construction company Mostotrest. Via Mostotrest, Rottenberg built a toll road from Moscow to St. Petersburg, for which his company was paid $ 258 million. Arkady Rotenberg has long denied rumors that Putin helped build his $ 3 billion estate.

Arcadi and his brother Boris were also implicated in a money-laundering scheme that included high-value works of art by authorities in the US. In the summer of 2020, the United States Senate Subcommittee’s investigative report was accused by fighters Rob Portman and Tom Kapper. The purchase of “high-value art” through Shellberg companies traced back to Rottenberg, a way for the US to circumvent economic sanctions. Arcady imposed US sanctions on him in 2014, and then, along with his brother Boris, moved to buy $ 18 million worth of art over the months, as well as $ 73 million in other transactions, all of which he actually declined These restrictions were gone. By carrying out these transactions through various shell companies and other intermediaries, the report says, these restrictions could have been ignored by the brothers.

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