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Vladimir Putin, Jewish Oligarch Roman Abramovich, and the £25 million yacht

Vladmir Putin has a vast personal fortune including a 57-metre luxury yacht he was given by the owner of Chelsea football club, a new documentary claims.


Roman Abramovich gave Vladimir Putin a $35 million (£25m) yacht in one of dozens of acquisitions through which the Russian president has amassed a vast covert fortune, it has been claimed.

The remarkable allegations come as a top American official openly accused Mr Putin of corruption, nepotism, and direct embezzlement of state funds.

While Mr Putin’s personal wealth has been the subject of speculation and lurid claims of corruption for years, little evidence has ever been produced to back up such allegations.

Mr Putin himself has dismissed claims about his wealth as “simply rubbish.”

But a new Panorama documentary to be aired on BBC One tonight details allegations that Mr Putin has established a complex system of “training and practices in term of how to mask his actual wealth.”

Details include Mr Putin’s alleged acquisition of the Olympia, a 57-metre luxury yacht.

Dmitry Skarga, a former head of Russia’s state shipping company Sovcomflot, said the boat was a gift from Mr Abramovich, who transferred it to the president via an intermediary.

“It’s a fact that Mr Abramovich, through his employee transferred a yacht to Mr Putin,” Mr Skarga told Panorama. Mr Skarga also alleged that the yacht is run and maintained with state funds, even though it is Mr Putin’s personal property.


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