How a Playground for the Rich Could Undermine Sanctions on Oligarchs

At least 38 businessmen or officials linked to Russia’s president own dozens of properties in Dubai collectively valued at more than $314 million.Credit…Christopher Pike/Bloomberg Stretching into the Persian Gulf from the beaches and skyscrapers of Dubai is a man-made archipelago in the shape of a vast palm tree, its branchlike rows of islands lined with luxury hotels, apartments and villas.

Among the owners of those homes are two dozen close allies of President Vladimir V. Putin of Russia, including a former provincial governor and nuclear power plant manager, a construction magnate and former senator, and a Belarusian tobacco tycoon.

At least […]

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By Donato