New York Occasions: “However the British court docket report additionally holds a clue to why it’s been so exhausting to obviously attach the Russian president to his rumored riches. The yacht, referred to as the Olympia, was once controlled by means of an organization in Cyprus, the place company filings display that the real proprietor was once now not Mr. Putin — it was once the Russian executive.”
“Certainly, it’s one of the extravagant belongings lengthy alleged to be Mr. Putin’s that if truth be told are owned or managed by means of the state, appearing how a lot the personal pursuits of the president and his interior circle have merged with the ones of the federal government he has ruled for twenty years. Others come with a sprawling lodge, a fleet of pricy vehicles, fancy planes and nonetheless extra yachts.”