Billionaire From the Slums. How the Caucasus Elite Lives Against a Backdrop of Poverty
❗️ Billionaire From the Slums. How the Caucasus Elite Lives Against a Backdrop of Poverty
▪️ New investigation: youtu.be/toOXsLopNAg
Karachay-Cherkessia is one of the poorest regions in Russia. But the family of its head, United Russia member Rashid Temrezov, lives very differently: multibillion-ruble real estate in Russia and abroad, major state contracts, profitable assets, parliamentary seats, and high-ranking posts. And in return, Temrezov has spent years helping the Kremlin draw the results it needs in elections.
In the new investigation, Georgy Alburov explains how the Temrezov clan seized Karachay-Cherkessia and turned the region’s budget into a source of family wealth.
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Billionaire From the Slums. How the Caucasus Elite Lives Against a Backdrop of Poverty
Karachay-Cherkessia is one of the poorest regions in Russia. But the family of its head, United Russia member Rashid Temrezov, lives very differently: multibillion-ruble real estate in Russia and abroad, major state contracts, profitable assets, parliamentary seats, and high-ranking posts.…
Poor Region, Well-Fed Ruling Family
In a poor region, the leader's family collects property, state contracts, and posts.
Poverty stayed with the public, the budget found its family.