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Ukraine announces arrest of oligarch in upscale French ski resort after accusing him of financial crimes

Sinéad Baker   

Ukraine announces arrest of oligarch in upscale French ski resort after accusing him of financial crimes
  • A Ukrainian oligarch was arrested in a French ski resort, Ukrainian law enforcement said Wednesday.
  • Officials said Konstantin Zhevago was detained in Courchevel, a famed Alpine ski destination.

A Ukrainian oligarch was arrested at an elite French ski resort, Ukraine's State Bureau of Investigation (DBR) said.

French law enforcement detained Konstantin Zhevago in a hotel in the famed alpine ski resort of Courchevel on Tuesday, the agency said in a statement.

An DBR spokesperson said French police made the arrest after Ukraine asked for it, Interfax reported.

Zhevago is a former Ukrainian MP and used to have a major stake in the liquidated Finance & Credit Bank in Ukraine.

A press release announcing his arrested cited a slew of anti-financial crimes including embezzlement and money laundering.

The DBR said in July 2021 that Zhevago had been put on a international wanted list on suspicion of embezzlement and money-laundering after $113 million disappeared from Finance & Credit Bank, Reuters reported.

The agency said that a vast swathe of Zhevago's assets had been seized, including shares worth of millions of dollars and dozens of properties.



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