Share Tweet Pocket Add to Bookmarks
You're reading: Presumption of buyer’s guilt

Naturally, Boris Lozhkin’s sale of the United Media Holding, consisting of dozens of popular newspapers, magazines and radio stations to Serhiy Kurchenko’s VETEK has resonated greatly within the journalistic community. 

The deal was to be officially announced on June 21 but one day before the announcement, the details of the $400-450 million deal, and – most importantly – the name of the buyer – were unexpectedly released by the chief editor of Ukrainian Forbes Vladimir Fedorin.

Moreover, his statement said the following: “I consider the sale of Forbes Ukraine to be the end of the project in its current state. I am convinced that the buyer is pursuing one of three goals (or all of them at once): 1) to silence journalists before the presidential election; 2) to whitewash his reputation; 3) to use the publication for purposes that have nothing to do with the media business.

Exclusive article

Sign up or subscribe to view more articles.
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: