Another Putin palace in Crimea worth about $130 million

Tamara Vasylchuk
Tamara Vasylchuk Journalist
Another Putin palace in Crimea worth about $130 million
putin's palace in Crimea
The Anti-Corruption Foundation has published an investigation into Vladimir Putin's new palace in occupied Crimea. According to the FBC, the facility with its own hospital and spa cost at least 10 billion rubles.

The Anti-Corruption Foundation has published an investigation into another estate of Vladimir Putin on Cape Aya in the occupied Crimea. According to the authors, the cost of building the palace is about 10 billion rubles. This was reported by The Public with reference to The insider.

According to the FBC, the facility was originally built as the so-called dacha of Viktor Yanukovych, but after the annexation of Crimea, the project was declared illegal and transferred to structures associated with the Kovalchuk brothers, who are close to Putin. Then the complex was rebuilt in accordance with the requirements of the Federal Security Service of the Russian Federation, effectively turning it into a closed palace

Investigators gained access to photographs of interiors and architectural plans. According to their data, the building has luxurious halls of more than 200 square metres, bedrooms of more than 150 square metres, and bathrooms with millions of rubles worth of fittings. A separate floor is occupied by a private medical unit with an operating theatre, ventilators, a defibrillator, gastroscopy and colonoscopy equipment, as well as a dental office and diagnostics

In addition, the palace has a spa area with a swimming pool, a cryo-chamber, a helipad, a private embankment and round-the-clock security. Up the slope, there are buildings for staff and technical premises

The FBC notes that the construction was financed by the same sources as in the case of Putin's palace in Gelendzhik. In particular, the investigation involves tens of millions and billions of rubles from entities linked to Vladimir Kolbin and the Kovalchuks' offshore network. The authors conclude that the Crimean palace was entirely built at the expense of funds from the same financial circle

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