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Russian-language newspapers controlled by billionaire Molchanov, businessman Yanakov and banker Jeresjko

Andrey Molchanov. Photo: ITAR-TASS.
 RIGA, Nov 27 - Russian-language newspapers in Latvia are controlled by Russian senator and billionaire Andrey Molchanov, former State Duma deputy and businessman Eduard Yanakov and banker Artur Jeresjko.
Legally, however, these newspapers belong to various companies registered in Cyprus and Great Britain.
Molchanov is 34th on "Forbes" list of billionaires with USD 3.2 billion worth of assets.
Yanakov has a mining business. He also used to be a State Duma deputy from Russia's leading party - United Russia.
Jeresjko previously owned the liquidated "Ogres komercbanka". He currently co-owns Ukraine's "Legbank".
As reported, two Russian-language newspapers - "Vesti Segodna" and "Chas" - will merge next year.
The new newspaper will be called "Vesti Segodna".

27-11-2012
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