Ozero


Ozero is a dacha housing cooperative associated with Vladimir Putin's inner circle.

History

The dacha cooperative Ozero was founded on November 10, 1996 by Vladimir Smirnov, Vladimir Putin, Vladimir Yakunin, Andrei Fursenko, Sergey Fursenko, Yury Kovalchuk, Viktor Myachin, and. The society united their dachas in Solovyovka, Priozersky District of Leningrad Oblast, on the eastern shore of Lake Komsomolskoye on the Karelian Isthmus, near Saint Petersburg, Russia.
Vladimir Putin returned from his KGB posting in Dresden in early 1990, prior to the formal establishment of the Ozero cooperative, and acquired property on the banks of Lake Komsomolskoye. His dacha burned down in 1996 but was rebuilt later that year. Others bought more land around this area and built a number of villas close to each other to form a gated community. A bank account linked to this cooperative association was opened, allowing money to be deposited and used by all account holders in accordance with the Russian law on cooperatives.
By 2012 members of the Ozero cooperative had assumed top positions in Russian government and business and became very successful financially.

Ozero members

The table includes alleged net worth or annual compensation
Ozero memberFull or Partial Ownership, Board Memberships, Directorships as of 20142013 Alleged Net Worth or annual compensation
Andrei FursenkoCenter for Strategic Research Northwest, Minister of Education and Science of the Russian Federation, :ru:Помощник президента Российской Федерации|Assistant to the President of the Russian Federation, Honorary Consul to Bangladesh in St PetersburgUnknown
Sergey FursenkoLentransgaz subsidiary of Gazprom, Gasprom Gas-Motor Fuel, president of :ru:Национальная Медиа Группа|National Media Group, president of the Russian Football Union Unknown
Yury KovalchukBank Rossiya and its subsidiaries, Center for Strategic Research Northwest, Honorary Consul to Thailand in St Petersburg$1.4b net worth
Viktor Myachinformer Director-General of Bank Rossiya, CEO of the investment company "Abros", a subsidiary of Rossiya Bank : This investment company owns 51% of the :ru:Согаз|Согаз, a big insurance company in RussiaUnknown
Vladimir PutinPresident of Russiasee Personal wealth
:ru:Шамалов, Николай Терентьевич|Nikolay ShamalovVyborg Shipyard, Bank Rossiya, Gazprombank$500m net worth
Vladimir SmirnovTechsnabexport Unknown
Vladimir Yakunindeputy minister of transport, president of Russian Railways $15m annual salary

Security

Purportedly the firm Rif-Security provides security for the Ozero Dacha Community. Rif-Security is controlled by the alleged boss of the Tambov Gang Vladimir Barsukov and Vladimir Smirnov.

Political effect

Some observers hint that the roots of Putin's power may lie in Ozero camaraderie.
The Ozero cooperative society holds a bank account at the Leningrad Oblast Bank. The financial transactions of the Ozero cooperative are unknown. By law any of the members would be able to deposit and withdraw funds for his own use. Karen Dawisha, director of the Havighurst Center for Russian and Post-Soviet Studies at Miami University, concluded that "in Russia a cooperative arrangement is another way for Putin to avoid being given money directly, while enjoying the wealth shared among co-owners".
Putin. Corruption, an independent report published by the opposition People's Freedom Party, is about the alleged corruption in Vladimir Putin's inner circle and has a chapter about Ozero.