The son of the ex-owner of Motor Sich bought an island in Italy for 10 million euros

The son of the ex-owner of Motor Sich bought an island in Italy for 10 million euros

The island of Gallinara in Italian Liguria was sold a few days ago for more than 10 million euros. It was bought by the son of the former owner of the Motor Sich company, ex-regional Vyacheslav Boguslaev.

It is reported by the Italian edition Corriere della Sera.

“This is the only real island in Liguria: a nature reserve, rich in history, 1.5 kilometers from the coast between Albenga and Alacia, which for centuries belonged to the Church, and then, in the last 150 years, to wealthy bankers and industrialists,” the media said.

According to him, the island, which in the Middle Ages served as a refuge for popes, was bought by Alexander Boguslaev from nine families of owners who had owned Gallinara for more than 40 years. Boguslaev bought their houses on top of the island separately at a price of, according to some sources, several million euros.

According to the newspaper, 42-year-old Alexander Boguslaev has citizenship of Grenada. Negotiations on the acquisition of the island began in May this year and ended on 17 July.

Gallinara Island is located 1.5 km from the mainland, between the cities of Albenga and Alassio. The width and length of the island is less than half a kilometer (470x450 meters), it rises above sea level to a height of 87 meters.

Reference: Motor Sich is a Ukrainian company engaged in the development, production, repair and maintenance of aircraft gas turbine engines for aircraft and helicopters, as well as industrial gas turbine units. The headquarters is located in the city of Zaporozhye. Until March 2013, the enterprise was headed by Vyacheslav Boguslaev (currently a people's deputy). Since March 2013 and. about. Sergey Anatolyevich Voitenko, the director of production and minority shareholder of Motor Sich, became the Chairman of the Board of Directors of Motor Sich PJSC.

In July 2019, employees of the Security Service of Ukraine (SBU) stopped the illegal activities of the Motor Sich PJSC group of companies (Zaporozhye), which for two years financed the activities of the DPR terrorist organization.

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