Apart from the concentration of media in its hands, the New Bulgarian Media Group has been criticized for an apparent lack of clarity as to the provenance of its assets.
The deals are suspected to show that shady figures can afford to buy back shares in large numbers or artificially prop up loss-making titles not because this is economically profitable.
They are tempted by the prospect of using the media for money laundering or for promoting other economic activities from public tenders, public works, mobile telephony, energy, tourism, etc.
The investments are made with the sole goal of turning the media into a tool for communication or pressure, opponents say.
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