By Yuliia Dysa
Billionaire tycoon Ihor Kolomoisky who is in custody on suspicion of fraud has transferred control over 1+1 Media, one of Ukraine’s largest media groups, to its general director for five years, the group said on Thursday.
The decision was taken on Monday as Kolomoisky is currently unable to fully carry out his duties, the group said. It also cited the need “to protect and preserve principles of freedom of speech, impartiality and objective coverage of events”.
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