By decree, Vladimir Putin transferred 10,800 ordinary shares of the Muzyka publishing house as a property contribution to the Talent and Success educational foundation. The document was published on the legal information portal, RBC reports.
In September last year, a court turned the Muzyka publishing house over to state ownership. The Prosecutor General’s Office had argued that former owner Mark Zilberkvit had illegally privatized the company. Muzyka is a Russian music publishing house that owns the country’s largest collection of sheet music.
The Talent and Success educational foundation was created in 2014 on the basis of the Sirius center for the “early identification and development of talented children.”
The chairman of its board is cellist, close friend, and Putin’s “wallet” Sergey Roldugin, while the board of trustees is headed by Putin himself. The outlet Proekt reported that oligarchs — Suleiman Kerimov, Dmitry Mazepin, Viktor Vekselberg — make donations to the foundation in exchange for Kremlin patronage.