Borodin was born in the town of Shakhunya, near the city of Nizhny (Formerly known as Gorky during Soviet times) in the Nizhny Novgorod Region.
Shortly after his birth, the family moved to the city of Kyzyl in the Tuva Region, which is situated in the far south of Siberia.
From 1993 to 1998, he was Head of the Presidential Property Management Department of the Russian Federation. His deputy and successor in this position was Vladimir Putin. According to the investigative journalist Jake Bernstein (2019),[clarification needed] in that role Borodin signed a contract with a Swiss to renovate the Grand Kremlin Palace. Other contracts followed, as well as around $30 million on kickbacks that Borodin distributed to friends and fellow officials, including to then-president Boris Yeltsin (p. 92).
From 1998 to 2000, he became a member of the Interdepartmental Commission of the Security Council on Economic Security.
In 2001, he was arrested in New York for money-laundering. Later, he was released on bond of five million Swiss francs. In 2002, his case was closed and the bond was returned while further details are not disclosed.[3]
Honours and awards
Order of Merit for the Fatherland, 2nd class (3 October 1996) - for outstanding services to the state and many years of diligent work
Order of Friendship of Peoples (Belarus) (11 December 2006) - for his great personal contribution to the development of comprehensive cooperation between Belarus and the Russian Federation, strengthening the Belarusian-Russian friendship
Diploma of the Government of the Russian Federation (23 October 2006) - for services to the state and the contribution to the development and strengthening of Russian-Belarusian relations
Order of Honour (21 November 2011) - for his contribution to the establishment and development of the Union State and the expansion of Russian-Belarusian cooperation
Order "For Services to the Motherland", 3rd class[citation needed] (October 25, 2011 Belarus)
Diploma of the Russian Federation (23 October 2006) - for services to the state and personal contribution to the development and strengthening of Russian-Belarusian relations