Former head of the Russian state-owned airline Aeroflot, Mikhail Poluboyarinov, is linked to two properties in the Lithuanian coastal resort of Palanga, the LRT Investigation Team has found. Both assets have been frozen as part of the EU sanction against Moscow.
Poluboyarinov’s family purchased an 80-square-metre apartment in Palanga back in 2008, with ownership divided among himself, his wife, and their 13-year-old son.
In 2016, the Poluboyarinovs purchased a second property in the same apartment building, this time under the name of Poluboyarinov’s son who was 21 at the time.
According to information obtained by the LRT Investigation Team, the Poluboyarinovs used the Palanga properties for vacation. Poluboyarinov’s wife flew from Moscow to Palanga in 2014 and 2015.
Since 2020, she has been the sole owner of the two apartments.
Aurimas Petrikas, realtor with Ober-Haus, estimates that the combined value of the two properties is around 0.5 million euros.
Poluboyarinov has been at the helm of Aeroflot, Russia’s flagship airline, since November 2020. However, he resigned from the post in late March, according to the TASS news agency.
He was put on the EU sanctions list on March 9 amid the ongoing Russian invasion of Ukraine.
Lithuania’s Financial Crimes Investigation Service (FNTT), which oversees the implementation of the sanctions, has told LRT.lt that the two Palanga assets owned by the Poluboyarinov family have been frozen. The owners currently cannot sell or transfer the properties, nor draw any income from their ownership.
The LRT Investigation Team contacted Poluboyarinov for comment, but he refused to speak.
Newsletter
Every Friday morning.
