Vladimir Putin is the main beneficiary of the offshore company Ermira Consultants, one of whose subsidiaries had the right to produce Putinka vodka.
This was found out by the publication Project. In addition, Putin bought lovers Alina Kabaeva an apartment with an area of 2.6 thousand square meters. m, which is considered the largest apartment in Russia.
On the air of the Current Time TV channel, one of the authors of the investigation, Mikhail Maglov, said that in March, after the start of a full-scale Russian invasion of Ukraine, the company that owns the Putinka brand of vodka registered two trademarks: Power V Pravda and Z – We don’t leave ours.”
According to our calculations, all the profits from the production and sale of Putinka vodka somehow ended up in Ermira’s wallet, which was spent on Putin’s needs. In March last year, the company that owns the Putinka brand of vodka registered two trademarks: there, it seems, “The Power of V Pravda” and “Z – We Don’t Leave Our Own”, that is, the signs Z and V. And it was interesting to observe when some deputies of the State Duma were indignant that these sacred symbols were used on vodka, and demanded that the hucksters selling vodka and using these symbols be held accountable. I wonder what their thoughts are now on this matter,” said Muggle.
The journalists of the Proekt publication published two parts of the Iron Masks investigation about the financial scheme for Putin’s enrichment and his real estate objects.
The investigation is based on verified documents provided by an unnamed source. The authors state that he was previously the manager of the business empire of one of the close friends of the Russian President, and also participated in the management of the financial network to which the Cypriot Ermira Consultants belongs.
In particular, from 2014 to 2021, one of Ermira’s subsidiaries had the right to produce Putinka vodka. According to the authors of the investigation, the income from its production could average 24-29 million euros per year.
In the second part of the investigation, journalists talk about real estate owned by Olympic champion in rhythmic gymnastics Alina Kabaeva. It is reported that on the territory of the Valdai presidential residence for Kabaeva and her children, a separate “terem” was built with a boat pier in order to cross by boat to the 28-hectare park. Earlier, Putin bought the Olympic champion a two-story apartment in Sochi.
Its area is 2.6 thousand square meters. m, it has a swimming pool, a cinema, a patio and a private helipad. In 2021, CIAN recognized this penthouse as “the largest apartment in Russia.”
Source: Racurs

I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.