Tuesday, March 3, 2009

Billionaire paid ransom to pirates

A Ukrainian business magnate paid a ransom to secure the release of 20 crewmen held on their ship by Somali pirates for five months, his office said yesterday.

The office of Viktor Pinchuk, who runs a variety of businesses from industrial pipes to media and engages in a wide range of philanthropic activities, did not say how much was paid in exchange for the release last month of the crew of the Faina...

Read more Billionaire paid ransom...

Source: independent.co.uk

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