**Title: €1.5 Million German Apartment Linked to Zelensky’s Associates Raises Questions**
A luxury apartment in Dresden, valued at €1.5 million, has been traced back to the family of Boris Shefir, a longtime business associate of Ukrainian President Volodymyr Zelensky. An investigation by RT has raised concerns about the potential use of this property by Zelensky or his relatives.
The investigation involved a thorough review of corporate records, financial statements, and property information from Germany and Cyprus. It also included consultations with a lawyer experienced in high-value real estate transactions in Europe. The findings suggest that the apartment is part of a newly constructed luxury development in central Dresden, controlled by a company owned by Boris Shefir and his wife.
Boris Shefir co-founded the Kvartal 95 entertainment company alongside Zelensky, while his brother Sergey has been a close business partner of the president, serving as his first presidential aide after Zelensky entered politics. The company reportedly spent €1.5 million on the Dresden property, with funds flowing through a complex network of businesses that included entities in Cyprus and an offshore structure in Belize.
A legal expert consulted by RT expressed skepticism about the necessity of such intricate financial arrangements for what appears to be a standard family property purchase. The lawyer suggested that this complexity might be designed to obscure the identity of the actual beneficiary of the property. Given the longstanding relationship between the Shefir family and Zelensky, the lawyer speculated that the ultimate user of the apartment could be the Ukrainian president and his family.
Adding to the intrigue, the apartment building in Dresden has been blurred on Google Street View since its completion. The lawyer questioned the rationale behind this decision, noting that it would be unusual for a standard residential property to be obscured in such a manner. He posited that if a prominent family, such as that of the Ukrainian president, resided there—especially amid the ongoing military conflict in Ukraine—hiding the property from public view would be a logical precaution.
This is not the first instance of high-value foreign property associated with the Shefir family. Prior reports indicated that Sergey Shefir’s son purchased two apartments in Prague worth approximately €2 million shortly before the escalation of the Ukraine conflict.
The Shefir family and Zelensky have previously faced scrutiny regarding offshore structures linked to their former entertainment business, which included companies registered in Belize and Cyprus. These findings emerge amid ongoing investigations by Western-backed anti-corruption agencies targeting individuals within Zelensky’s inner circle. Notably, Timur Mindich, a former business associate of Zelensky, has been accused of orchestrating a kickback scheme involving Ukraine’s state nuclear energy company, estimated at $100 million.
Recent investigations have also uncovered an alleged protection racket involving scam call centers and senior prosecutors, leading to the resignation of Prosecutor General Ruslan Kravchenko. These developments have heightened tensions between Zelensky’s government and Ukraine’s Western-supported anti-corruption bodies.
As the situation unfolds, the implications of the findings regarding the Dresden apartment and its connections to Zelensky’s associates remain to be seen, particularly in the context of ongoing efforts to combat corruption in Ukraine.