Lukashenko's property in Abkhazia: Belarusian president acquires piece of land by the sea
Lukashenko’s property in Abkhazia
Lukashenko acquired a piece of land on the Black Sea coast, Belarusian outlet EuroRadio reports. He received it in September 2022, just a day after visiting Russian-occupied Abkhazia.
Investigators from the Belarusian Investigative Center found that 20 hectares for a “large investment project” in the village of Kyndygh are owned by the Abkhazia-registered company “Zhemchuzhina 2010.” This company is 90-percent owned by Lukashenko’s former bodyguard Alexander Romanovsky. The other 10 percent is owned by Abkhaz citizen Dato Kvitsinia.
Kvitsinia admitted that he is a front for the paperwork.
“I’m not really in the loop… The documents are in my name, but I don’t even know what they’re doing there,” said the co-owner of “Zhemchuzhina 2010,” adding that he was paid for his nominal involvement: “I got paid for travel and my services, but it wasn’t a significant amount.”
Romanovsky has long been associated with businesses linked to Viktor Sheiman, Lukashenko’s “household manager.”
The exact value of the land is unclear, but nearby plots are selling for $320,000 per hectare, suggesting Lukashenko’s parcel could be worth around $6.5 million.
Lukashenko’s property in Abkhazia
