The asset Manager Shuvalov replied to the post about Bulk 10 apartments

“We do not comment on a specific case, but in General practice the real estate can be acquired by managers as part of the investment strategy for asset management” — as the inquiry was answered, the representative Sergey Kotlyarenko — Trustee of the family of Igor Shuvalov. The representative of Shuvalov was limited to the review that the assets of Deputy Prime Minister and his family are in the trust. “All the information about the funds and property of the first Vice-Prime Minister and his family openly declared and presented in the prescribed manner the tax and Supervisory authorities”.

On Monday, the founder of the Fund of struggle against corruption Alexei Navalny said in his blog that in the years 2014-2016 ten apartments in the skyscraper on Kotelnicheskaya embankment has acquired Sergey Kotlyarenko. Bulk calls his longtime business partner Deputy Prime Minister Igor Shuvalov. FBC checked the owners 700 apartments in this building and found that Kotlyarenko in 2014 bought five apartments, in 2015 — four in may 2016 and buy another one. All apartments are located on the 14th floor and are adjacent to each other

Total area of apartments is more than 700 square meters, the overall value of Bulk estimated in 600 million roubles. According to Navalny, these apartments Kotlyarenko acquired for Deputy Prime Minister “and for the money Shuvalov”.

Navalny reminded that Kotlyarenko ran the family offshore Severin to ban officials to own foreign assets. In 2014, in comments to “Vedomosti” he Kotlyarenko said that manages the assets of the Shuvalov family. The representative of Shuvalov Alexander Machevsky then explained to the publication that the couple had given power of attorney on the establishment of two legal entities to manage all their assets— “Exposed assets” and “Owl estate”. The first company, according to Maevskogo, engaged in investment second — control real estate. The company Kotlyarenko ruled not only the assets of the Shuvalov, she has many other clients, he told reporters.