Council Land Grab,” which included several references to Rinat Akhmetov. Specifically, the article alleged that Akhmetov acted unlawfully in certain business transactions relating to the Dniproenergo thermoelectric generator and the Kryvorizhstal steel mill.On closer examination, we concluded these allegations relating to Mr.Akhmetov were untrue and have no basis in fact.

We confirm that the Dniproenergo and Kryvorizhstal transactions complied fully with Ukrainian law, and that there was no unlawful activity on Mr.Akhmetov’s part. We apologize to Mr.Akhmetov for these misstatements, and for any embarrassment they may have caused him or his business interests.