11:40 23.06.2017

National Public Television Broadcasting Company trying to understand reasons of arrest of EUR 15 mln of guarantees for hosting Eurovision

1 min read
National Public Television Broadcasting Company trying to understand reasons of arrest of EUR 15 mln of guarantees for hosting Eurovision

The National Public Television Broadcasting Company is trying to understand the reasons of initiating the procedure of arresting the EUR 15 million guarantee in Geneva provided by Ukraine to the European Broadcasting Union for hosing the Eurovision song contest.

"We have hired a law firm from Switzerland, as we need to clarify all the circumstances of the lawsuit and determine the procedure for applying the arrest in line with Swiss legislation," Board Chairman of National Public Television Broadcasting Company Zurab Alasania said.

According to a letter to the European Broadcasting Union, the Geneva department did not inform the union on the grounds of arresting the funds and did not mention the initiator of the procedure.

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