French court opposes extradition of Ukraine billionaire Zhevago

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Reuters UK

PARIS (Reuters) -A French court has ruled Ukrainian billionaire Kostyantyn Zhevago should not be extradited over accusations of embezzlement, a spokesperson for Zhevago said on Thursday. Zhevago, who controls London-listed iron pellet producer Ferrexpo, was arrested at a French ski resort in December at the request of Ukraine, which wants him over the disappearance of $113 million from the now bankrupt lender Finance & Credit Bank. Zhevago denies any wrong-doing. Zhevago had been released on bail for 1 million euros ($1.1 million) following his initial arrest near Chambery in France. Ukraine i…

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