Italy's Tax Police Seize Assets from Architect Linked to ‘Putin’s Black Sea Palace’

Thursday, August 4, 2022
Italy's Tax Police Seize Assets from Architect Linked to ‘Putin’s Black Sea Palace’

Italy’s tax police have seized assets worth over €141 million from an architect who designed a luxury estate on the Black Sea which has been dubbed “Putin’s palace” by opponents of the Russian president.

Italy’s tax police have seized assets worth over €141 million from an architect who designed a luxury estate on the Black Sea which has been dubbed “Putin’s palace” by opponents of the Russian president.

The tax police sent a statement earlier on Wednesday saying it had seized the assets from a “well-known professional” in Brescia, a town in northern Italy, citing alleged tax offences.

Two sources told Reuters the assets belonged to Lanfranco Cirillo, who designed a grand estate on the Black Sea in Russia that became known as “Putin’s palace” due to claims by a businessman that the property was built for Russian President Vladimir Putin.

A lawyer for Cirillo confirmed that his client’s assets had been seized but said he was not guilty of any wrongdoing regarding Italian taxes, adding he had based himself in Russia for many years and been granted Russian citizenship in 2014.

“The architect, who is in Moscow, is very disappointed by the fact that having bought some prestigious properties and works of art in Italy, and having provided for his wife and daughter are used to argue that he faked his move abroad,” lawyer Stefano Lojacono said in a statement.

A helicopter, luxury properties, cash, jewels and important works of art were among the items seized, according to the tax police in Brescia.

President Putin has denied any link to the luxury property on the Black Sea. The issue surfaced again early in 2021 when jailed Kremlin critic Alexei Navalny made an online video claiming that Putin was its ultimate owner.

 

 

 

Telegram Channel

ArtDependence is now also available on the messaging platform Telegram. Telegram is a cloud-based mobile and desktop messaging app with a focus on security and speed.

Subscribing to the ArtDependence Channel allows you to easily stay up to date with the latest ArtDependence news.

Subscribe to the Newsletter

Image of the Day

Dr. Gindi, 'The Fateful Choice', 2022.

Dr. Gindi, 'The Fateful Choice', 2022.

Search

About ArtDependence

ArtDependence Magazine is an international magazine covering all spheres of contemporary art, as well as modern and classical art.

ArtDependence features the latest art news, highlighting interviews with today’s most influential artists, galleries, curators, collectors, fair directors and individuals at the axis of the arts.

The magazine also covers series of articles and reviews on critical art events, new publications and other foremost happenings in the art world.

If you would like to submit events or editorial content to ArtDependence Magazine, please feel free to reach the magazine via the contact page.