Support The Moscow Times!

Russian PM Mishustin and Family Own $45M in Moscow Real Estate – Navalny

Navalny’s anti-corruption outfit listed eight apartments, houses and estates linked to either Mishustin and his wife, their two sons or his sister valued at 2.78 billion rubles. Alexei Navalny / Youtube

Russia’s new Prime Minister Mikhail Mishustin and his family own 2.8 billion rubles ($45 million) worth of real estate in and around Moscow, prominent Kremlin critic Alexei Navalny said Tuesday.

Former tax chief Mishustin’s unexpected promotion to high office earlier this month has led to a series of media investigations into his family’s property ownership. Critics like Navalny have seized on what they say is Mishustin’s hidden wealth, which they say is the norm with many officials in President Vladimir Putin’s government.

Navalny’s anti-corruption outfit listed eight apartments, houses and estates linked to either Mishustin and his wife, their two sons or his sister valued at 2.78 billion rubles.

In addition to the previously reported elite real estate currently valued at 2.42 billion rubles, Navalny said Mishustin’s two adult sons own two riverfront condominiums with a combined value of 360 million rubles.

“Mishustin knows as well as anyone that this is called a ‘criminal fraudulent transaction’ from a taxman’s viewpoint. Classic corruption,” Navalny claimed, referring to the alleged sale of the apartments to Mishustin’s sons for an undisclosed sum as soon as they turned 18.

Government records show Mishustin earning 213 million rubles ($3.4 million) between 2010, when he was named chief of the tax service, and 2018, the latest available accounting period.

Critics have also questioned how his wife Vladlena Mishustina earned 789 million rubles ($12.5 million) over a nine-year period without any known business interests. 

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.