Alexei navalny alleges russian president vladimir putin owns billion dollar palace 20210121 p5y2ul.html – Breaking News & Latest Updates 2026
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Kremlin critic alleges Vladimir Putin owns 'billion-dollar palace'

9News Staff

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Kremlin critic Alexei Navalny has alleged Vladimir Putin owns a billion-dollar palace with fraudulently obtained funds.

But the Russian President has denied all allegations about the $1.7 billion sprawling Black Sea property.

Navalny made his allegations in a video his team released online, which has been viewed more than 35 million times.

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READ MORE: Kremlin critic to be held in custody for 30 days following return to Russia

Alexei Navalny's team has released a video claiming Vladimir Putin has a palace worth $1.7b.

Alexei Navalny's team has released a video claiming Vladimir Putin has a palace worth $1.7b. YouTube

Alexei Navalny sits on the plane prior to a flight to Moscow, at the Airport Berlin Brandenburg (BER) in Schoenefeld, near Berlin, Germany, Sunday, January 17, 2021. AP

The release came two days after Navalny was jailed for 30 days upon his return to Moscow.

Navalny was taken into custody on Sunday night after he flew home for the first time since he was poisoned last summer.

He claimed Putin allies paid for the construction of the $1.35 billion Black Sea palace, according to the BBC.

READ ALSO: Navalny detained on return to Moscow, five months after being poisoned

Vladimir Putin (Getty)

Russian President Vladimir Putin has denied all allegations about the palace.  Getty

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The Kremlin has denied Putin owns the palace and labelled the claims as "all absolutely unfounded".

"This is pure nonsense."

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