The court arrested the assets of the honorary president Vorskla Zhevago in the amount of about UAH 46 billion

Zhevago was arrested in France but released on bail

Economic Court of Kyiv seized assets bank owner Finance and Credit and Honorary President of Vorskla Konstantin Zhevago for an amount of about 46 billion hryvnia.

This was done at the request of the Deposit Guarantee Fund of Individuals and as part of securing a claim for damages by the bank and its creditors. The court also seized a 50.3% stake in three mining and processing plants indirectly owned by Zhevago and prohibited other companies associated with the honorary president of Vorskla from disposing of these assets.

Earlier, Zhevago was released from custody on bail in the amount of one million euros. He is not allowed to leave mainland France, where he was arrested.

The hearing on Zhevago’s extradition case, which was previously postponed for two weeks, is due to take place on March 16. The honorary president of Vorskla informed the court in Chambert that the case against him was political persecution. The ex-people’s deputy’s lawyers asked for more time to prepare for the hearing.

In December, Zhevago was detained in the ski resort of Courchevel in the French Alps. He is suspected of embezzling the property of the Finance and Credit Bank, in which Zhevago was listed as a beneficiary, in the amount of 2.5 billion hryvnias.

Zhevago also left the post of director and resigned from the board of directors of Ferrexpo, which is a sponsor of the Vorskla football club.

Source: Sportarena

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