Multimillionaire Lozhkin became head of Poroshenko's administration
10.06.2014 14:26
(Moscow time)
Kyiv, June 10 (Navigator, Mikhail Ryabov) – The new Ukrainian President Petro Poroshenko issued a decree appointing media tycoon Boris Lozhkin as head of his administration.
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Lozhkin and Poroshenko were previously partners in UMH Media Holding - together they controlled the Korrespondent magazine.
In addition, Lozhkin’s holding included other popular publications such as Fobes-Ukraine, Avtoradio, Komsomolskaya Pravda, etc.
In 2013, Lozhkin sold his media to the structures of the Family of Viktor Yanukovych, earning, according to press estimates, more than $400 million.
Multimillionaire Lozhkin has become Poroshenko's head of administration.