Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Financial Crime, Fraud

NEWS: Detained Ukraine tycoon Kolomoisky gives up control of 1+1 Media for five years

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”.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!