You're reading: The Independent: Oligarchs win again in game of Ukraine monopoly

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.

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