Head of the Ukrainian national Broadcaster, Zurab Alasania, has confirmed a law firm has been hired to retrieve its 15 million Euro guarantee from the EBU.
A 15 million Euro financial guarantee provided by Ukraine in the event they were unable to host Eurovision 2017, has been frozen in Geneva due to a lawsuit. The Director General at a meeting earlier this month did not reveal who the lawsuit is with, however stated that it is in regards to the broadcaster owing money for the use of the Euronews services. Ukrainian Authorities at the time of the meeting were reportedly unwilling to participate in the legal support needed to return the funds to the Ukrainian Government.
It has now been confirmed today by Mr Alasania that a Swiss law firm has now been hired to deal with the matter. The Director General confirmed that a law firm has been hired to,
clarify circumstances of the lawsuit and determine the procedure for applying the seizure in line with Swiss legislation
In addition, a letter from the European Broadcasting Union to the Ukrainian national broadcaster did not state why seizure of the 15 million Euros has occurred.
The European Broadcasting Union requested that the Ukrainian Authorities provide a financial guarantee in the event that they were unable to host the competition. The 15 Million Euros requested was held in a Swiss bank account and did not need to be used. It is the first time that the European Broadcasting Union has called for a financial guarantee from a host broadcaster of the Eurovision Song Contest.
Salvador Sobral won the 62nd edition of the Eurovision Song Contest in Kyiv, Ukraine for Portugal. The 27-year-old singer from Lisbon won the hearts of Europe in May performing “Amar Pelos Dois” (Love for two), which was written by his sister.