Skip to content
Edit post

Reuters: French court rules against Zhevago's extradition

by The Kyiv Independent news desk March 30, 2023 7:50 PM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

A French court has determined that Ukrainian billionaire Kostiantyn Zhevago should not be extradited, Reuters reported on March 30.

In 2019, Zhevago was charged with embezzling and laundering $113 million at Finance & Credit Bank. In 2021, Zhevago was put on the Interpol wanted list.

Zhevago was arrested in December in France at Ukraine's request, Reuters wrote. He was later released on bail for 1 million euros.

On Feb. 2, Ukraine's Security Service (SBU) reported that the chief accountant of Poltava Mining and Processing Plant, part Zhevago's Ferrexpo group, was charged with tax evasion and forgery.

According to the investigation, in 2018-2021, the suspect entered false information into the company's documents, which helped it to avoid paying Hr 2 billion ($54.6 million) in rent payments to the state budget for the use of the subsoil of the iron ore deposit.

Zhevago is the owner of the iron pellet producer Ferrexpo.

Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

5:59 PM

Russia claims to have captured Novomykhailivka, Ukraine denies.

The situation in Novomykhailivka in Donetsk Oblast is "tense but under control," Yaroslav Chepurnyi, spokesperson of the 79th Separate Airborne Assault Brigade told the Kyiv Independent on April 22, after Russia claimed to have captured the village earlier in the day.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.