Posted on 01/29/2021 1:35:36 PM PST by Onthebrink
Two days after Alexey Navalny, head of Russia’s Anti-Corruption Foundation (FBK) was arrested on his return to Moscow from Berlin, he released a video expose that shocked Russians and people around the world. In the video, “Putin’s palace. History of the world’s largest bribe,” Navalny alleged that an opulent property near Gelendzhik, a town in the southern Russian region of Krasnodar, was constructed for Russian President Vladimir Putin with illicit funds of $1.35 billion, provided by members of his inner circle, and that Putin is the real owner of the palace.
The palace’s features apparently include a port, a vineyard, a church, a casino, an underground hockey rink, and toilet brushes costing $850 a piece. “It is a separate state within Russia… And in this state there is a single, irreplaceable tsar. Putin,” Navalny said in the video. Allegedly covering an area of 17, 691 square meters, it is the largest private residential building in Russia. Putin denied the claims. “Nothing listed there has ever belonged to me or my close relatives,” he said Tuesday.
(Excerpt) Read more at time.com ...
Ummmm, CNN is a little behind on the news. We saw pictures of this during the Olympics at Sochi...2014, As I recall, it was under construction, but the outside was finished. Gorgeous place. Why shouldn’t any dictator have one? I ask you?
It’s not Putin’s palace.
Reminds me of one of John Kerry’s homes.
Holy Smoke! I was going to ask if it was on the Black Sea when I decided to look at the link. I think he bought that with money Trump must have paid him for his help in getting elected in 2016. How on earth could the Mueller investigation have missed it? Bet the Biden administration will ask for another investigation - HA!! HA!! Fools.
It also has an oyster farm and a room with a stripper pole!
Then there’s this abandoned home of the former Ukraine president - who left town and went to Russia with all the ill gotten funds.. Maybe he split it with Putin? How do you tell one crook from another?
https://www.foxnews.com/world/former-president-viktor-yanukovychs-sprawling-mansion-now-abandoned
Meh. It lacks symmetry and there are no solar panels or lawn. Pffft.
Yeah actually Bob, I do.
Let’s do the arithmetic.
17691 m^2 = 190424 ft^2
Construction worker wages in Sochi are at most $600/mo. Probably less, Moscow engineers make about $1500/mo - at least the ones that I know. At 160 hours / mo, that’s a munificent $3.75 hr. Bout right for that part of “Russia”. Close enough.
So let’s assume that it takes 5 guys labor for each square foot times 5 hours. Scale by 1.25 for materials. So cost / ft^2 ~ 5 * 5 * $3.75 = $93.75 (really conservative. US rates outside of California are maybe twice that. Reality is that Russia is like 10 times cheaper, especially down on the Black Sea).
But whatever. Let’s get the final number.
190424 ft^2 * $93.75 = $17,852,250
That’s 18 lousy million. And I’m grossly over conservative on the cost / sq. ft. for that area.
So the number is only 3 orders of magnitude off.
Wanna prove me wrong? Go right ahead.
I have watched buildings in Russia get built for pennies on the dollar using Asian labor (they’re the Mexicans of Russia. Why do you think Lenin wanted all the ‘stans?). They’re mostly crap but they stand up for a few decades.
Putin’s a Varangian looting the country without a doubt. In a feudal system like his, you pay tribute to the Big Guy. He wouldn’t BE the Big Guy if he didn’t. But this stupid story is being pushed by innumerate morons.
You wouldn’t be one them, wouldja Bob?
Well reading the article, the value is placed upon the entire estate, not just the structure. For all we know he could be including the furnishing as well. Either way, it’s still a huge estate or palace or whatever you want to call it
Sounds like the democrat party leadership. They all have homes paid for by others, money in hidden bank accounts etc.
Not to mention that Putin is unrelated to the building and even the hoax linking him to it is a decade old.
The first speculations started around 2010, and the project was problematic back then.
It changed hands several times since 2008 crisis.
The place is rather obscure as well. It is very likely that Putin haven’t ever been in this town ever.
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