28 Mar '11, 4am

Putin: Owner of New £600M Palace?

Putin: Owner of New £600M Palace?

Vladimir Putin has built a £600 million Italianate palace near a Black Sea resort with proceeds culled from 'corruption, bribery and theft', a Russian businessman has alleged. The claim was originally made in a letter to Russian President Dmitry Medvedev, and picked up by the Novaya Gazeta newspaper. The title obtained what it said was an authenticated copy of the original contract for the palace signed in 2005 by Vladimir Kozhin, the Russian presidential property manager. Putin, the current prime minister, was President at the time. The businessman behind the clams, Sergei Kolesnikov, has compared the property to a palace built for Russia's Tsars outside St Petersburg. He added that Putin personally approved the design and materials. The palace reportedly spans eight million square feet and features its own helipad, an indoor cinema, a summer amphitheatre, a casino, swimm...

Full article: http://www.luxury-insider.com/luxury-news/2011/03/putin-o...

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New interactive Chanel beauty site launches

New interactive Chanel beauty site launches

luxuo.com 27 Mar '11, 7am

Following the release of the highly successful short film Animating Chanel earlier this year, the brand’s beauty director ...