Sochi Court Seizes Ex-Mayor’s Assets, Orders 1.67 Billion Rubles Transferred to State
Prosecutors describe a completed investigation that allows the state to take ownership of the assets.
Overview
- Khostinsky District Court of Sochi granted the General Prosecutor’s suit to convert assets of Alexey Kopaygorodsky and relatives into state revenue valued at no less than 1,673,633,247 rubles.
- The ruling covers 77 properties across Krasnodar Krai, Leningrad Oblast, St. Petersburg and Moscow, plus cash, five Mercedes vehicles and other valuables, including elite housing near the Hermitage.
- Court inventories value the seized jewelry at about 51–51.3 million rubles, including a 2‑carat diamond, a sapphire ring priced at 13 million rubles and an emerald ring at 11 million.
- The wristwatch collection is valued around 44.3 million rubles, featuring pieces by Patek Philippe, Breguet, Cartier and Hublot, with individual watches priced up to 14 million rubles.
- Authorities say the probe is finished and the ex-mayor and his wife remain in pretrial detention in Moscow as they face charges including embezzlement, bribery, money‑laundering and witness coercion, while prosecutors allege he received 248 million rubles via his wife between March 2022 and May 2024 and the couple deny guilt.