REVEALED: Jailed billionaire Russian oligarch seeking £12billion over claims his assets were seized...

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REVEALED: Jailed billionaire Russian oligarch seeking £12billion over claims his assets were seized...
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Jailed oligarch who filed lawsuit seeking £12 billion over claims his assets were seized in a Kremlin-backed conspiracy was close with Putin, MailOnline can reveal.

. MailOnline can reveal he had a close financial relationship with President Putin. Magomedov contributed £50m towards a luxurious pleasure yacht used by PutinA jailed Russian oligarch who filed a lawsuit in the High Court seeking £12 billion over claims his assets were seized in a Kremlin-backed conspiracy had a close financial relationship with President Putin and his inner circle, MailOnline can reveal.

'Just over 583million Euro was transferred from five offshore companies for the construction of the yacht,' claimed the Dossier Centre. One of those companies was called High Definition which has been linked to Magomedov.Magomedov contributed £50 million to the purchase and maintenance of a £500 million superyacht for the use of Putin and his lover, Alina Kabaeva

The yacht was sailed close to Black Sea residences linked to Putin, notably his official retreat in Sochi and his super-palace which cost a reported £1 billion, according to the Dossier Centre. But last May the Scheherazade was seized by the Italian police near Pisa after documents revealed how its ownership was 'connected to senior elements of the Russian government'.

Alina Kabaeva, 39, has been on board the luxury vessel which boasts six decks, gold plated toilet roll holders, and marble bathroom fittings The foundation also claimed that Magomedov paid for Peskov's honeymoon by renting him the Maltese Falcon, the world's most luxurious and expensive sailing yacht, for £336,000 per week. Their respective children have also socialised.

Magomedov is now in prison at Lefortovo prison in Moscow. He was convicted of embezzling £146.5 million from the Russian state

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