A Russian newspaper is reporting that President Vladimir Putin's bodyguards and their relatives obtained prized land plots and built opulent houses near Putin's residence outside Moscow.
The independent Novaya Gazeta published an investigation that showed scores of officers of the Federal Protective Service (FSO) and their family members settling on land around Putin's residence, an area considered Russia's most expensive.
The newspaper described how employees of a state farm in the area were lured into selling the land for nominal sums during the 1990s. It said the land was later sold cheaply or even given freely to FSO officers and their families.
Asked about the report, Putin's spokesman Dmitry Peskov said Tuesday that officers it mentioned have submitted annual income declarations that were thoroughly checked by authorities.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
