Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Italy Seizes $40 Million in Real Estate Belonging to Putin Judo Partner Rotenberg

 

Italian authorities seized property worth about $40 million from Arkady Rotenberg, a close friend and the judo partner of Russian de facto Czar Vladimir Putin, Reuters reported. An Italian finance police official said on Tuesday the property belonged to companies associated with Rotenberg, which are targeted by E.U. and U.S. sanctions.

Rotenberg was named by the Americans and the Europeans in July as the target of sanctions imposed on the Russians their shenanigans in the Ukraine, Reuters reported.

The Italian police official said the assets belonged to the Rome-based company Aurora 31, which is controlled by Rotenberg through a Cyprus-based firm.

The seizure included an apartment in Cagliari, Sardinia, villas on Sardinia, a villa near Rome, and a hotel in central Rome.

They also took a villa in Sardinia which is actually owned directly by Rotenberg.

Poor tycoon will have to spend winter in Moscow. We recommend long johns (not available in red).

According to the U.S. Treasury, the brothers Arkady and Boris Rotenberg have monazite their close friendship with Czar Vladimir to win $7 billion worth of contracts for the Sochi Winter Olympic Games, as well contracts from the Russian state-controlled gas firm Gazprom.

It’s good to be the friends of the king.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newsletter

Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

empty

The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Advertisement
cialis cialis satış