Russian businessman, investor, politician and

owner of Chelsea football club, Roman

Abramovich gave a £25 million yacht to Russian

president Vladmir Putin, new reports claim.



Dmitry Skarga, a former head of Russia's state

shipping company, Sovcomflot, said the boat

was a gift from Abramovich, who transferred it to

the president via an intermediary associate.



The pair have long been friends but Putin's critics

feel he has unknown energy business deals with

the Chelsea owner.



"It's a fact that Mr Abramovich, through

his employee transferred a yacht to Mr

Putin," Mr Skarga told Panorama. Mr

Skarga also alleged that the yacht is run

and maintained with state funds, even

though it is Mr Putin's personal property.



The allegations come as a top American official

openly accused Mr Putin of corruption and direct

embezzlement of state funds.



There has been a

lot of speculation about Putin's actual wealth

value with Bill Browder, a hedge fund manager

and vocal critic of Mr Putin, claiming that the

Russian president is worth $200 billion, a sum

that would make him by far the richest man in

the world.



But Putin's spokesman has called the

allegations "complete trash.



" Mr Abramovich's

lawyers called the claims about the yacht

"unsubstantiated" and little more than a "rehash

of speculation and rumours".

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