Putin Is Ready To Let NTV Go Into Turner's Hands

Published: 24 January 2001 y., Wednesday
"At a meeting with the President we pointed out this issue and the President stated that if Turner wants to invest into NTV television it would be quite good deal,'' Interfax news agency cited Gryzlov. At the same time the deputy said it is not correct to seek political guarantees while making a personal decision whether to invest money , referring to Turner's request for guarantees from the Kremlin. It was reported on Saturday that investors linked to U.S. magnate Ted Turner intended to invest into NTV television to keep its independence from the State.Turner and his partners are ready to invest at least $300 million into NTV television if the company will not be closed and the State will not interfere in NTV's activity. But the Kremlin is not going to give such guarantees. A Turner's attorney who negotiated with the presidential administration, got a refusal last week on the political guarantees in the NTV deal. NTV television, that is part of Media-MOST, has strongly criticized Putin and his antiterrorist campaign in Chechnya.
Šaltinis: allnews.ru
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Gas Coordination Group sees overall good level of preparedness of EU Member States and Energy Community countries in case of gas crisis

The Gas Coordination Group, chaired by the Commission, met this afternoon to analyze in detail all elements of the preparedness of the EU and the Energy Community for a potential supply disruption in the Winter 2009/2010. more »

Joint statement by Commission and IMF after European Banking Coordination Initiative Meeting for Romania

In a meeting of the European Bank Coordination Initiative Group, held in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their commitment to maintain their exposure to the country and ensure adequate capital levels over 10 percent for their affiliates. more »

Lithuania and Vilnius Turning to a More Inviting Destination

Airline airBaltic has informed of its plans to resume some flights from Vilnius International Airport before the end of this year. more »

Commission approves restructuring plan of Lloyds Banking Group

The European Commission has approved under EC Treaty state aid rules the restructuring plan of Lloyds Banking Group. more »

"Finance and climate change" - a challenge for the future

"Finance and climate change" was under discussion at a 10 November hearing in parliament's Industry, Research and Energy Committee. more »

IMF Announces Sale of 2 Metric Tons of Gold to the Bank of Mauritius

The International Monetary Fund announced today the sale of 2 metric tons of gold to the Bank of Mauritius, the nation’s central bank. more »

The new ten winners of Danske Bankas scholarships for the 2009–2010 academic year determined

After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established. more »

Bank SNORAS begins distributing “Finasta Asset Management” II level pension funds

From 16 November 2009, AB Bank SNORAS network starts providing new products – one can sign agreements of “Finasta Asset Management” II level pension accumulation funds in all subdivisions of the bank. more »

Baltic Rim Outlook: uneven recovery

The expected turnaround in the Baltic Rim economies is likely to gradually improve the business opportunities for Nordic companies operating in the region. more »