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Transparenc: Kadyrov earned 98 million rubles on race horses in four years, but did not indicate income in the declaration

The head of Chechnya has 128 animals, which are kept for 46 million rubles a year, according to the investigation.

Photo IA “Grozny-Inform”

The international anti-corruption organization Transparency International has released an inquiry into race horses owned by Ramzan Kadyrov. According to the organization, the head of Chechnya has 128 animals. Over the past four years, revenues from their participation in horse racing amounted to 98 million rubles, but these revenues have not been declared.

Transparency International has learned about the participation of Kadyrov’s horses in tournaments in Russia and abroad – in Germany, the United Arab Emirates, France and the Czech Republic. Cash prizes at overseas races are calculated in “millions of dollars.”

[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Horses in the Czech Republic from 2014 to 2018 earned 4 392 890 CZK (110 662 748 rubles at the Central Bank rate of that year), in Germany – 22 thousand Euros (1 064 800 rubles at the Central Bank rate of 2014).[/perfectpullquote] [perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Kadyrov never received the money because of the sanctions, so Transparency International did not take them into account when calculating.[/perfectpullquote]

In Russia, Kadyrov’s winnings are less, but still exceed his declared income.

[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]The winning of Kadyrov’s horses in Russia since 2014 amounted to 36,424,660 rubles. [/perfectpullquote] [perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]Kadyrov’s declared income (excluding 2018) was 29,273,204 rubles.[/perfectpullquote]

The organization noted that it is only approximately possible to calculate Kadyrov’s income from horse racing in Russia. On the largest Russian website about Hippodrom.ru races, only those horses that belong to the owner are currently listed. How many brought a horse that was sold or transferred to someone, it is impossible to know, added to Transparency.

[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]According to Hippodrom.ru, from 2014 to 2017, Kadyrov earned 11,490,000 rubles for horses. We are talking about those animals that gave to the races for other people, and then returned to the head of Chechnya.[/perfectpullquote]

The maintenance of 128 animals takes about 46 million rubles a year, calculated by Transparency International. The organization does not indicate how much money Kadyrov spent on the purchase of horses – this is impossible to know, since it is unknown how many animals he bought himself, and how much he was given.

As noted by Transparency International, according to the law, Kadyrov is not obliged to indicate horses in the declaration – there must be reflected real estate and transport, whereas horses are considered movable property. However, the owner must declare income from victories at the races and pay income tax on it.

The organization promised to ask the Presidential Anti-Corruption Department to verify information that Kadyrov did not declare income and did not pay tax. When confirming this information, the official should be dismissed with the wording “due to loss of confidence,” noted Transparency International.

[perfectpullquote align=”full” bordertop=”false” cite=”” link=”” color=”” class=”” size=””]We propose that officials be required to indicate expensive luxury items (such as jewelry and art), cryptocurrency, and animals of significant value in their income and property information.[/perfectpullquote]
Transparency International
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