Akhmetov gave his media business to the state

11 July 2022, 20:17 | Policy
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The richest Ukrainian oligarch Rinat Akhmetov gave up his media business in favor of the state. We are talking about the transfer to the state of the assets of " The corresponding statement of the businessman was published by Akhmetov's holding SCM.

“I have made the forced decision to withdraw my investment company SCM from the media business. This week, Media Group Ukraine will waive in favor of the state all broadcast and satellite television licenses of our channels and licenses of our print media in Ukraine. We will also stop the online media activities of Moscow State University,” Akhmetov said in a statement..

Akhmetov noted that the decision was dictated by the entry into force of the law "

“As the largest private investor in the economy of Ukraine, I have repeatedly said that I was not, am not and will not be an oligarch. The short six-month period specified by law for the sale of media assets, and the Russian military aggression against Ukraine, do not allow SCM to sell the media business on market terms,” he explained his move..

Akhmetov noted that over the 20 years of the holding's existence, its total investment has exceeded 1.5 billion. US dollars.

“But the biggest investment is the contribution of each of the 4,000 journalists and members of our media team. …That’s why it’s hard for me to make a decision to leave the media business,” he added.



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Recall, on June 29, President Volodymyr Zelensky put into effect the decision of the National Security and Defense Council on the register of oligarchs, the procedure for its formation and maintenance..

Earlier Yulia Samaeva in her article for ZN. UA “Law on oligarchs adopted. What he talks about and what he is silent about” analyzed the approved text of the document, its ability to influence the oligarchs and the true motives for the adoption of this law..




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