about us | newsletter | contact | archive | members area
Dan Boiangiu, Arval
Public and private investment seems to re-gain a proper focus»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

TV mogul Sorin Ovidiu Vantu: murder is a business solution

Controversial businessman and Realitatea TV owner Sorin Ovidiu Vantu was detained for 24 hours by prosecutors over death threat allegations against his TV station manager Sebastian Ghita

May 2011 - From the Print Edition

Ghita claimed media mogul Vantu threatened to kill him and bury him in a grave in Moldavia because the manager would not allow him to intervene in the running of the TV station.
According to a transcript of a conversation between the two men, Vantu suggested that “murder is a solution” whenever he is playing for high stakes in business.
Ghita made the recording public on the day Vantu was detained.
Ghita is the majority shareholder of IT solutions company Asesoft, which took over the management of news television Realitatea TV on October 2010.
Realitatea Media signed a five-year 75 million Euro management contract with the media division of Asesoft, with the Romanian IT company taking a healthy profit share of 80 per cent.
In February 2011 the first quarrels between Ghita and Vantu began when Ghita fired two chairpersons from Realitatea TV, who were seen as strong allies of Vantu.
Tensions between the two grew in March when Vantu attempted to make Ghita surrender his management contract with Realitatea TV.
But later Vantu allegedly requested 150,000 Euro from Ghita not to cancel his management contract with the press trust.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  16633 Views
Daily Info
President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in ...

Vodafone to lay off 1,700 service center employees in Romania, India and Egypt

Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt, in this financial year, the group'...

European Property Federation elects Liviu Tudor as new President

The European Property Federation Managing Committee elected Liviu Tudor, CEO of Genesis Property and President of the Romanian Association of Building Owners, as President of ...

Commisioner Cretu: Romania has a high level of women representation in the digital sector

Romania is one of the countries of the European Union with a high level of representation of women in the digital sector, said European Commissioner for Regional Policy, Corin...

Romania gets 450 million Euro loan from EIB for rural development programme

The European Investment Bank (EIB) is lending 450 million Euro to Romania to finance its national contribution to the implementation of the Romanian Rural Development Programm...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, ...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions...

1 Comment

New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the...

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

1 Comment

International Business Forum stimulates Romanian entrepreneurs to expand abroad

The Ministry of Business, Commerce and Entrepreneurship organized an International Business Forum on August 30 and 31 at the Parliament Palace, with over 800 participants. ...

Startup co-founded by Romanian to turn unicorn

Branch, a deep linking startup in the U.S. co-founded by Romanian Madalina Seghete, will reach a valuation of 1 billion USD after a 129 million USD financing round, accordi...