Business news from Ukraine

ZELENSKY IMPOSED SANCTIONS AGAINST TWO UKRAINIAN TV CHANNELS

29 December , 2021  

Ukrainian President Volodymyr Zelensky has imposed sanctions on two Ukrainian TV channels, namely, Pershyi Nezalezhnyi and UkrLive, the presidential press service said in a statement.
“To endorse the Ukrainian National Security and Defense Council (NSDC) resolution dated December 28, 2021, ‘On special personal economic and other restrictions (sanctions)’,” the presidential order said.
In particular, the president endorsed the NSDC resolution regarding sanctions on Novyny Media Holding, Time Media, and Teleprostir.
The order takes effect on the publishing date.
From now on, Ukrainian officials will be prohibited from issuing any licenses and allowing use of radio frequencies in Ukraine to the sanctioned channels.
Legal entities owning the channels will be prohibited from conducting financial operations in the Ukrainian territory and using accounts in Ukrainian banks.
The sanctions will be valid for five years.

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