Initiative to train journalists, promote 'free and independent journalism' and expose corruption, to close after less than a year
Last year Evgeny, head of the UK publishing operation including the Independent and the Evening Standard, said he envisaged that the "biggest titles around the world ... pool resources to uncover the schemes and money flows used to sustain massive corruption".
But the Lebedev family has been under political and financial pressure after it emerged in September that Alexander had been charged with hooliganism and battery a year after punching a business rival in the face live on television. The hooliganism charge is the same one levelled against Pussy Riot, the punk protest band jailed for two years after performing anti-Putin songs in a Moscow cathedral.