Navalny’s Team Released Two-Hour Video Featuring Putin’s Deluxe Palace in Crimea

Society | January 22, 2021, Friday // 12:44
Bulgaria: Navalny’s Team Released Two-Hour Video Featuring Putin’s Deluxe Palace in Crimea

Alexei Navalny's team on Tuesday released a two-hour video featuring details of a luxurious property on Russia's southern Black Sea coast purportedly belonging to Russian President Vladimir Putin.

The YouTube feature, accompanied by a blog post from the jailed dissident, claims Putin's property cost $1.35 billion (€1.1 billion) and was paid for "with the largest bribe in history."

The video, released less than two days after Navalny was arrested at Moscow's Sheremetyevo Airport and subsequently jailed. It alleges that the private estate is 39 times the size of Monaco. Among the facilities it is said to boast were a casino within a sprawling mansion, an ice rink and vineyards.

Described as the "most expensive palace in the world," the palace complex spans some 7,800 hectares (about 19,300 acres), and also includes a church, an amphitheater, a teahouse and a helipad. The palace was allegedly funded through an elaborate corruption scheme involving Putin's inner circle in return for a favor.

"It is the most secretive and well-guarded facility in Russia, without exaggeration," Navalny says in the video. "This isn't a country house, it’s not a cottage, it's not a residence — it's an entire city, or rather a kingdom. It has impregnable fences, its own port, its own security, a church, its own permit system, a no-fly zone, and even its own border checkpoint. Its like a separate state inside of Russia. And in this state there is a single and irreplaceable czar. Putin."

Kremlin spokesman Dmitry Peskov said the allegations were old but that the property, near the resort town of Gelendzhik, did not belong to Putin. The allegations were first made in 2010 by Sergei Kolesnikov, a businessman with connections to Putin before his time in politics. On paper, the property appears to be owned by businessman and billionaire Alexander Ponomarenko.

"I am not familiar with the investigation," said Peskov. "However, I can say right away that this record is old. Many years ago, we already explained that Putin has no palace in Gelendzhik."

The video was released soon after Navalny was detained upon his return to Russia from Germany for the first time since he was poisoned. He was sentenced to 30 days in jail.


We need your support so can keep delivering news and information about Bulgaria! Thank you!

Society » Be a reporter: Write and send your article
Tags: Russia, Putin, anti-corruption fund
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria