11:05 21.11.2018

Decision of High Court of England to freeze assets protects 1+1 TV channel from possible illegal seizure attempts - Kolomoisky

2 min read
Decision of High Court of England to freeze assets protects 1+1 TV channel from possible illegal seizure attempts - Kolomoisky

Businessman Ihor Kolomoisky has said that the decision of the High Court of England to freeze his assets worldwide in litigation with PrivatBank has allowed protecting the 1+1 TV channel from possible illegal seizure attempts, in particular, by Ukrainian President Petro Poroshenko.

"The structure of these assets was very interesting only to Petro [Poroshenko], because of all the assets he is interested in is only the 1+1 [TV channel]. We talked about this in court. And, in general, the structure of Ukrainian assets today is legally not available for Petro Poroshenko," he said in an interview with the KishkiNa channel.

At the same time, the Ukrainian businessman does not rule out that the incumbent president will try to establish an "editorial policy" in the TV channel in other ways.

"My opinion is that the litigation in the English court is not the only proceeding that is going on, and [taking into account] the inclination of our president to illegal seizures, especially with regard to media groups," Kolomoisky said.

In addition, the Ukrainian businessman said that the court's decision provides for the freezing of all his assets, and not only $2.5 billion. "But I am totally fine with that, there is nothing wrong with that," he said.

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