Media unearths new evidence that Abramovich is Putin's regime's purse

03 April 2023, 14:57 | Business
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Financial reports unearthed linking an offshore account secretly controlled by businessman Roman Abramovich and spending by Russian dictator Vladimir Putin's regime on people close to or loyal to him. This is stated in a joint investigation of The Washington Post and the International Consortium of Investigative Journalists..

Discovered facts prove that Abramovich financed not only the needs of the Putin regime, but also the personal expenses of the dictator.

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The story that the investigators mention concerns the period of the mid-2000s.

During a state visit to Israel in 2005, Putin met an elderly woman from Russia who was one of his high school teachers.. After the meeting, the Russian leader showered her with gifts and, according to the former teacher, agreed to buy an apartment for $208,000..

However, it turned out that it was not Putin who paid for this gift..

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The receipts give the impression of an agreement that both have long denied - that Abramovich's vast wealth, originally derived from the post-Soviet sale of state assets, was accompanied by strings that Putin could pull..

The Washington Post recalls that Abramovich denied any financial ties for decades, demanding retraction of publications and even initiating a lawsuit to refute stories that showed that he was following Putin's orders..

But documents obtained by The Washington Post and the International Consortium of Investigative Journalists include a "

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Recall that the companies of the Russian oligarch Roman Abramovich financed the Russian army for more than 10 years.. This is stated in the OCCRP investigation..

According to the project, Abramovich's firms cooperated with the National Guard and enterprises involved in providing the army and producing tanks and explosives..

After February 24, 2022, Abramovich acted as an intermediary in Russian-Ukrainian negotiations to resolve the war and took on the role of " Head of the Presidential Office Andriy Yermak spoke about such "

According to intelligence, in May 2022, Uralvagonzavod, which produces tanks, suspended work due to a lack of raw materials.. At the same time, steel is the cheapest raw material, and the largest steel producer in Russia is the Evraz group of companies of Abramovich..



In March 2022, the British authorities imposed sanctions against the owner of a 29% stake in Evraz, businessman Roman Abramovich.. In May, London included Evraz itself in the list of sanctions..

The company, as indicated by the British authorities, could be involved in the provision of services that contributed to the destabilization of Ukraine. In particular, through the supply of steel to Russian military plants for the manufacture of equipment and cartridges.




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