Elite

Rinat Akhmetov's SCM holding is leaving the media business

"This week, Media Group Ukraine will give up all broadcast and satellite television licenses of our channels and licenses of our print media in Ukraine in favor of the state. We will also stop the activities of the MSU online media," the message reads.

Rinat Akhmetov called this decision forced and related to the entry into force of the law on oligarchs.

"Such a decision was dictated by the entry into force of the law "On Prevention of Threats to National Security Associated with Excessive Influence of Persons Who Have Significant Economic and Political Weight in Public Life (Oligarchs)". As the largest private investor in the economy of Ukraine, I have repeatedly said that I was not, will not be, and will not be an oligarch. The short six-month term set by law for the sale of media assets and Russian military aggression against Ukraine do not allow the SCM company to sell the media business on market terms," ​​Akhmetov said in a statement.

This is stated in Rinat Akhmetov's statement on the website SCM.

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