Depressing news from the Ukraine, where yet another vast monopoly asset has just been handed over to one of the tiny group of uber-rich oligarchs who pretty much run the show there.
This time it’s the country’s fixed-line telecom monopoly and sole 3G licence that’s gone to the country’s richest man, Rinat Akhmetov.
His is a name that gets London estate agents’ juices flowing, as it was he who spent £136.4bn buying Britain’s most expensive property – the penthouse at the billionaire’s bolthole, Number One Hyde Park.
Mr Akhmetov paid a reputed $1bn (£643m) for Ukrtelecom.