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Oligarch bidding for 'Independent' gets huge cash injection from Putin

Alexander Lebedev From The Times By Tony Halpin and Alexi Mostrous

Published 28 January 2010

The Russian billionaire bidding to buy The Independent newspaper is poised to gain a massive cash injection from the Kremlin in a deal personally sanctioned by Vladimir Putin. Alexander Lebedev, who bought London’s Evening Standard for £1 a year ago, is selling his stakes in the airline Aeroflot and in Russia’s largest aircraft leasing corporation back to the Government. He told The Times in an exclusive interview that the deals would earn him more than…