Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business
By Juliette Jabkhiro and Oliver Hirt

Ukrainian billionaire Zhevago maintains innocence ahead of French extradition case

Ukrainian tycoon Kostyantyn Zhevago said his record of investing in his homeland was proof of innocence ahead of Thursday's extradition hearing in a French Alpine town over accusations of embezzling tens of millions of dollars.

Zhevago's case comes as Ukraine's President Volodymyr Zelenskiy seeks to clip the wings of oligarchs dominating the economy since the fall of the Soviet Union three decades ago.

The 49-year-old billionaire, who controls London-listed iron pellet producer Ferrexpo, was arrested at a ski resort in December at the request of Ukraine which wants him over the disappearance of $113 million from the now bankrupt lender Finance & Credit Bank.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.