Published On: Sun, Jul 27th, 2014

Putin’s Judo Partner Boris Rotenberg Gets his Assets Kicked

Young Arkady Rotenberg  Vadimir Putin

 

Boris Rotenberg, Vladimir Putin’s Judo partner and comrade, who has had his assets in America frozen in the fallout of the ongoing tensions between Russia and the Ukraine, may face a similar fate in England, on news that he is linked to a 5 million pound property in Knightsbridge, West London, the Sunday Times reported  The property, which is being used as a British base by his son, Roman, may be the target of further punitive measures enacted by the Europeans against Putin and his close friends, in the aftermath of the downing of the Malaysian airplane, reportedly by Russian forces.

Rotenberg, 57, has so far escaped sanctions in the UK. But he and his older brother Arkady, 62, could face travel bans and asset freezes from later this week, according to the Sunday Times. The European Union will be aiming to clamp down further on oligarchs and Putin’s “cronies” following the shooting down of the Malaysia Airlines flight MH17 over Ukraine.

Arkady Rotenberg, 62, has an estimated net worth of $4 billion, according to a list published by Forbes Russia in April. The same list estimated his 57-year-old brother’s net worth to be $1.7 billion.

The Sunday Times calls them Russia’s “Kings of State Tenders, ” with 217 billion rubles ($6.3 billion) in state contracts awarded to the two in 2013, mostly in construction.

The brothers are longtime affiliates of President Vladimir Putin — the three studied martial arts together in the 1960s and 1970s.

The Rotenbergs have been accused by members of the Russian opposition of having built their business success on connections, a charge they have staunchly denied.

The two brothers were added to a U.S. sanctions list in March over their alleged involvement in Russia’s annexation of Ukraine’s Crimean peninsula. Those included on the list had their U.S. assets frozen, and U.S. citizens were generally prohibited from engaging in transactions with them.

Meanwhile, The Moscow Times published a stunning picture, published by Russian whistleblowing blogger Alexei Navalny,  of a pair of matching mansions on the outskirts of Moscow, in the luxurious Zhukovka village, shrouded in gardens and surrounded by a concrete fence, which are allegedly owned by the Rotenberg brothers.

The blogger also published documentation from the federal real estate roster allegedly linking the property to Arkady and Boris Rotenberg.

The documents list the mansion sizes at 7, 255 and 7, 184 square meters, which — according to Navalny — tower over the estates of billionaires Warren Buffett and Mark Zuckerberg, whose homes measure 557 and 837 square meters, respectively.

 

Rotenberg Palaces

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