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26. 11. 2002

YU Information Confiscation Not Enacted

BELGRADE, November 26, 2002 – The confiscation of property to the value of three million dinars (about 50,000 euros) from YU Info television, scheduled for yesterday, has not occurred, the station’s manager, Dejan Pavlovic, said today. Pavlovic told media that the Federal Government, which operates the station, had advised that the federal budget would be restructured allowing payment of the station’s massive debts. He said that the company’s accounts had been frozen because of a dispute amount of 69 million dinars (about 1.14 million euros).

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