February 26, 2026
Putin's 'palace' pocket change: How billions in leftover construction funds went to the Russian president's rumored romantic partner
The company that financed the construction of Vladimir Putin’s infamous Black Sea mansion ended the project with a 6.5-billion ruble surplus (approximately $84 million today). This “change” was transferred to Putin’s longtime rumored partner, Alina Kabaeva, according to a new investigation by the Anti-Corruption Foundation (FBK).
TL;DR
- A company financing Vladimir Putin's alleged Black Sea mansion ended the project with a 6.5 billion ruble surplus.
- This surplus was reportedly transferred to Alina Kabaeva's charitable foundations.
- The Anti-Corruption Foundation (FBK) investigation claims Kabaeva's foundations function as 'slush funds' for Putin's alleged family.
- A significant portion of the funds were placed in interest-earning accounts rather than being spent on stated charitable activities.
- Some funds financed gymnastics camps near Putin's residence, which the FKB suggests may be for his children to interact with peers.
- The mansion, revealed by Alexey Navalny, is officially owned by Investitsionnye Reshenia, linked to Putin's associates.
Continue reading the original article