Media on enormous income of Putin's relative: over RUB 5 mln per day

13:00, 02 November 2017
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Relative of Russian President Vladimir Putin Mikhail Shelomov, namely his cousin nephew, last year received an income of RUB 5.58 million per calendar day, according to the Russian independent news network Dozhd.


The data follow from the financial statements of the three companies owned by Shelomov, Dozhd wrote.

The businesses earned a total of RUB 2.04 billion in net profit. At the same time, Shelomov worked all year as a hired manager for one of the Sovcomflot's companies.

Read alsoDirty Russian money buying influence in EU, MEPs warnAccording to the Organized Crime and Corruption Reporting Project (OCCRP), Shelomov's total fortune is estimated at $573 million. However, it is possible that Putin's relative only plays a nominal role and is unable to actually manage his incomes.

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