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Peace at any cost is a Prelude to War!

Wednesday June 14, 2000 3:19 PM

            Ted Turner - Russian Oligarch?

            Citing a senior official in President Vladimir Putin’s
            administration, Russia’s Political News Agency reported
            Wednesday that CNN founder Ted Turner will lead an international
            consortium in the external management of the media empire run by
            Vladimir Gusinsky - the oligarch arrested in Moscow on Tuesday.

            Russian bankruptcy law allows for a company to be placed under
            external management if it has three-month-old debts to its
            creditors in excess of 500 minimum wages - a sum roughly equal
            to $20,000. Gusinsky’s creditors include the
            government-controlled gas monopoly and the government-controlled
            state bank.

            Russia’s Prosecutor General’s Office said Wednesday that
            Gusinsky was arrested on charges of embezzling the ruble
            equivalent of $10 million from the government. But advocates of
            press freedom in Russia and abroad are outraged by Gusinsky’s
            arrest and say it is part of an orchestrated attempt to silence
            open debate on the policies being pursued by the government.

            The jewel in Gusinsky’s empire is NTV - the only Russian
            television station with national pretensions that isn’t
            controlled by the Kremlin.

            NTV and other media sources controlled by Media-Most have been
            the most vocal critics of Putin and his war on Chechnya.

            The idea that Russia would allow an American to control one of
            its most powerful media companies may seem outlandish until you
            consider the following:

            * On May 11 Ted Turner became the first Western businessman to
            have an audience with President Putin - the very day dozens of
            armed tax police in masks stormed the headquarters of NTV.

            * Putin and Turner have known each other since 1994, when Putin,
            as deputy mayor of St. Petersburg, oversaw preparations for the
            Goodwill Games, which was organized by Turner.

            * Rumors of financial improprieties by Putin’s team during the
            Goodwill Games - which Putin now calls "a great feat" - were
            legion.

            * Allowing a prominent American media mogul to have external
            control of Media-MOST’s news outlets would effectively silence
            press-freedom critics. After all, CNN is free to criticize the
            U.S. government, right?



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