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. Last Updated: 07/27/2016

Russia to Seek Closure of Media-Most Outlets

A Moscow district tax authority has asked a court to liquidate several key outlets of Russia's leading independent media empire Media-Most, including NTV television, as insolvent, Interfax said.

Interfax quoted court authorities as saying that the request to liquidate NTV, the publishing house Sem Dnei and the mother company Media-Most had been filed on December 9.

Media-Most's outlets have been fierce critics of President Vladimir Putin and a thorn in Kremlin's side since last year.

The group's head, Vladimir Gusinsky, is wanted by the Russian Prosecutor General's office for fraud. He was detained in Spain this week and is in custody pending a decision on a Russian extradition request.

Media-Most denies having any unpaid debts after it gave up a large chunk of its shares to gas giant Gazprom earlier this year. Some of the shares are to be sold to a foreign investor.

Officials could not be immediately contacted for comment.