Remember me on this computer
  Forgot your password?
  Register

MT news

First Video Added to Moscow Times Web Site

The video, a 3 1/2-minute interview with Rose Gottemoeller, director of the Carnegie Moscow Center, examines the informal summit between Presidents Vladimir Putin and George W. Bush in Sochi on April 6. The video can be found on The Moscow Times' homepage, www.themoscowtimes.com.


Testimonials


"The Moscow Times is a shining example of independent press, covering important and critical topics that touch upon the life of our country, society in general and the Russian business world in particular."
-Sergei Litovchenko, Executive Director
The Russian Managers Association


Market Matters : Oil Tax Pledge Buoys Markets
Markets surged after the swearing-in of Dmitry Medvedev as president in a pomp-filled ceremony Wednesday and a tax-cutting speech by Vladimir Putin the day after, when he was approved as prime minister.

Russia Investment Roadshow : Scenes From Last Year's Forum

The Moscow Times » Issue 3898 » News
print

Kommersant Loses Defamation Suit

08 May 2008By Nabi Abdullaev / Staff WriterThe Moscow City Arbitration Court on Monday ordered the country's biggest business daily to print a retraction of comments made about state monopoly arms exporter Rosoboronexport in an interview with businessman Oleg Shvartsman.

The court also ordered Shvartsman, the head of little-known FinansGroup investment company, to pay damages of 30,000 rubles (about $1,300) to Rosoboronexport and the Kommersant daily to pay 20,000 rubles -- well below what the arms exporter had asked.

Shvartsman told Kommersant in November that he was working on the creation of a state corporation that might be affiliated with Rosoboronexport and would abuse its position, including legal authority, to force private businesses to sell themselves to state-controlled companies. He identified Rosoboronexport as one of the companies that would benefit from the scheme.

Rosoboronexport is the core company in major government-controlled industrial holding Russian Technologies, which is headed by Sergei Chemezov, a close friend of former-President Vladimir Putin.

The interview became one of the hottest topics in the Russian media and blogosphere, with a number of commentators pointing to it as evidence that people close to Putin were abusing their influence to acquire valuable business assets on the cheap for the state corporations they effectively control.

Rosoboronexport filed a defamation suit in December, demanding 50 million rubles ($2.1 million) from Shvartsman and another 30 million rubles from Kommersant for damages to its business reputation.

Valery Kartavtsev, head of public relations at Rosoboronexport, appeared for the company in court and said he was pleased that Judge Lyubov Barabanshchikova ruled that the Kommersant interview was defamatory.

Violetta Volkova, Shvartsman's attorney, and Georgy Ivanov, Kommersant's lawyer, maintained in court Wednesday that Shvartsman's remarks were not intended as statements of fact, but only his opinion. Only false information can constitute the grounds for libel under Russian law.

Shvarstman did not appear at Wednesday's session, although he was in Moscow, Volkova said.

Volkova and Ivanov said they would appeal the Wednesday decision.

Ivanov said Rosoboronexport should not have been awarded damages because it produced no evidence that its business reputation had been harmed in any way by the contents of the interview.

Asked how Rosoboronexport arrived at the amounts in its claims against Shvartsman and Kommersant, the agency's lawyer, Alexandra Fedorinina, said simply, "That's just what we decided."

Barabanshchikova said she ruled that Rosoboronexport had been defamed by Shvartsman because some of his statements were presented as facts.

In 2004, the Arbitrage Court of Moscow ordered Kommersant to pay more than $11 million in compensation for damage to the reputation of Alfa Bank, caused by an article that said depositors were lining up at bank branches to clear out their accounts.

A year later, the newspaper was awarded $10 million back, but was ordered to print a retraction. In protest, the paper ran the retraction alone in an otherwise blank issue.

Currency Exchange


USD/RUR - 23.5
EUR/RUR - 37.1



Weather

Moscow
Tuesday night

Partly Cloudy 8o C
Winds: SW at 2 m/s Pressure: 743 mb Rewelt: 70% more

Most Popular Stories


Archive

« 2008
M T W T F S S
28 29 30 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Columnists

Equating Holodomor With Genocide
By Georgy Bovt

Spring Weather Brings Spring Illnesses
By Michele A. Berdy

Sinophobia
By Richard Lourie

Taking the Temperature In Georgia's Hot Spring
By Matthew Collin

The Natural-Resources And Democracy Curse
By Konstantin Sonin

Returning Direct Elections
By Nikolai Petrov

Georgia Is Medvedev's First Foreign Policy Test
By Vladimir Frolov

An Early Assessment of Putin's Foreign Policy
By Fyodor Lukyanov

There Is Nothing Normal About Corruption
By Anders Aslund

How to Invent Enemies and a Strong Russia
By Yulia Latynina

Remaining a Moral Victor
By Alexei Bayer

A Fight for Peace in Georgia
By Alexander Golts

High-Stakes Soap Opera
By Alexei Pankin

Medvedev the Bookworm
By Mark H. Teeter

Communism's New Crisis
By Boris Kagarlitsky






  © Copyright 1992-2008. The Moscow Times. All rights reserved.