Owner of Ukrainian iron ore miner Ferrexpo arrested in France for money laundering and embezzlement

Billionaire Kostyantyn Zhevago, 48, who controls 50.3 per cent of the FTSE 250 firm, was detained on Tuesday in the ski resort of Courchevel at the request of Ukraine.

https://www.msn.com/en-gb/money/other/owner-of-ukrainian-iron-ore-miner-ferrexpo-arrested-in-france-for-money-laundering-and-embezzlement/ar-AA15NeZv

Ex-Ukraine lawmaker accused of embezzlement nabbed at French ski resort

Zhevago, who left parliament in 2019 after serving for two decades, is suspected with other top managers in the disappearance of $113 million from Ukraine’s now-defunct Finance & Credit Bank.

Zhevago was named “Europe’s youngest self-made billionaire” by Forbes in 2008 and is considered one of the richest Ukrainian oligarchs.

https://nypost.com/2022/12/28/kostyantyn-zhevago-ex-ukraine-lawmaker-accused-of-embezzlement-nabbed/

Zhevago is scheduled to be extradited to Ukraine as soon as the proper documents are prepared. He currently has a net worth of $1.3 billion, which according to Forbes, is $1 billion less than last year

https://www.msn.com/en-us/news/world/dr-zhevago-ukrainian-oligarch-accused-of-embezzlement-arrested-at-french-ski-resort/ar-AA15KOPF

Ukraine is investigating whether a charitable foundation set up primarily to coordinate London-listed Ferrexpo Plc's philanthropic activities was used to launder money and evade taxes.

https://www.bloomberg.com/news/articles/2019-04-25/ukraine-probes-ferrexpo-charity-over-possible-money-laundering

Most of the prominent figures of big Ukrainian business (in particular, Rinat Akhmetov, Petro Poroshenko, Vadym Novinsky, Dmytro Firtash, Viktor Pinchuk, [Kostyantyn Zhevago], Serhii Tihipko, Oleksandr and Galina Geregy) clearly stated that Russia is an aggressor, Putin is a war criminal.

https://rpr.org.ua/en/news/ukrainian-oligarchs-in-wartime-adaptation-to-new-realities/

Konstyantin Zhevago, also secretly supported the revolution.

His main company is in the Poltavskaya region.

He has lived in London for half his life and his children go to school there. In order to strengthen his position in British society, he has even offered funding for projects to fight illiteracy in poor areas of London.

During the revolution, Zhevago remained silent, but his personal lawyer, Anzhelika Labunska, appeared on the side of the protesters, and Zhevago’s former manager, the mayor of the central Ukrainian city of Kremenchug, Oleg Babaev, supported a vote of no confidence in president Yanukovich at a meeting of the local council.

15 May 2014

https://www.eurozine.com/ukraines-puppet-masters/