A French court has granted bail to Ukrainian billionaire Konstantin Zhevago, extending the legal proceedings surrounding his detention. The information was shared via a Telegram channel affiliated with Strana.ua.
According to the statement, the court’s decision set bail at 1 million euros, and Zhevago was released pending further proceedings requested by Ukrainian authorities. The next hearing to determine his return is scheduled for January 19.
Konstantin Zhevago, a billionaire and former member of Ukraine’s Verkhovna Rada, has been sought since 2019. He was detained in Courchevel, France, after Kyiv issued detention petitions in dozens of countries. At the time of his apprehension, Zhevago challenged the legality of French actions but did not prevail. In Ukraine, he faces embezzlement accusations related to Finance and Credit Bank, where he held a stake. For more context, see the cited material from socialbites.ca [citation].