Ex-Deputy Finance Minister of Russia sold the penthouse in New York for $ 51 million

Former member of the Federation Council, former Russian Deputy Finance Minister Andrei Vavilov sold a penthouse in the Time Warner Center tower in the center of New York for $ 50,9 million, writes The New York Times.

The name of the buyer is unknown. On his behalf, the company Columbus Family participated in the transaction, the newspaper notes.

The amount of the transaction makes Vavilov's penthouse the most expensive apartment in Time Warner, said Daniel Levy, CEO of CityRealty. According to him, the previous record was set when selling the same penthouse six years ago.

Andrei Vavilov purchased a penthouse on the 78 floor of one of the towers of the Time Warner Center in June 2009. The amount of the transaction was $ 37,5 million. Ex-Senator received an apartment of 769 square. with six bedrooms and views of Central Park and the Hudson River. The cost of maintaining the apartment is estimated at $ 37 305 per month, writes The New York Times. In July 2013, the renovated apartment was offered for sale for $ 75 million, but did not find buyers. In May 2014, the penthouse was again put up for sale with an estimated $ 68 million.

Vavilov worked from 1992 to 1997 for the year as First Deputy Minister of Finance. After leaving the civil service, Vavilov already the next year became the main owner of Severnaya Neft. This oil company was acquired by it no more than $ 100 million, but it was sold to state-owned Rosneft in 2003 for $ 600 million. From 2002 to 2010, Vavilov was a senator from the Penza region.

In the year of 1997, when Vavilov still held the post of Deputy Finance Minister, the Prosecutor General’s Office opened a criminal case on the theft of about $ 231 million allocated from the state budget for the production of MiG-29 aircraft. Vavilov was mentioned in the case, but he was not charged. In 2007, the Supreme Court recognized signs of fraud and abuse of authority in Vavilov’s actions, but in 2008, the case was closed due to the expiration of the statute of limitations.