French Appellate Court Upholds Denial of Ukraine’s Extradition Request of Ukrainian Billionaire

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Friday, November 17, 2023
Author: 
Bruce Zagaris
Volume: 
39
Issue: 
12
Abstract: 

 A French appellate court affirmed the denial of an extradition request from the Ukrainian government, ruling that Ukrainian billionaire Kostyantyn Zhevago should not be extradited. In 2019, Ukraine charged Zhevago with embezzling and laundering $113 million at Finance & Credit Bank.  In 2021, at the request of Ukraine Interpol issued a Red Notice against him.  After his arrest, a French court granted him pre-trial release on bail for € 1 million.