Officials Arrest Ukraine Oligarch Zhevago in French Ski Resort

  • Ukrainian law enforcement reported Wednesday that a Ukrainian oligarch had been arrested in a French ski area.
  • Officials stated that Konstantin Zhevago had been taken into custody in Courchevel – a well-known Alpine ski destination.
  • Ukraine claimed that his property, including millions in shares, had been seized.

A Ukrainian oligarch, said Ukraine’s State Bureau of Investigations (DBR), was arrested at a French ski resort.

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

DBR spokesperson stated that French police made the arrest after Ukraine requested it. Interfax reported.

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

His arrest was announced in a press release. It cited a number of anti-financial offenses, including embezzlement.

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. 

According to the agency a vast amount of Zhevago assets had been confiscated, including shares in the millions and dozens of properties.

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