Paris residence of Kostiantyn Zhevago worth $40 million seized

Asset seizure in France

At the initiative of the Office of the Prosecutor General of Ukraine, French law enforcement agencies took measures to seize elite real estate belonging to businessman Kostiantyn Zhevago. This concerns a residence in Paris, the market value of which is estimated at $40 million.

Criminal case context

These measures were the result of coordinated actions by Ukrainian prosecutors, investigators from the State Bureau of Investigation, and their French counterparts. The asset seizure was carried out within the framework of a criminal investigation into the misappropriation of $113 million belonging to Finance and Credit Bank.

Reaction from the Office of the Prosecutor General leadership

The seizure of the real estate was announced by Acting Prosecutor General Anton Kovalskyi. He noted that this case is a specific result of the joint work of investigative teams from both countries. Kovalskyi also thanked his French colleagues for their cooperation and promptness in decision-making.

"Ще один важливий доказ, що активи за кордоном не є недосяжними для українського правосуддя. Саме над цим продовжуємо працювати разом з нашими міжнародними партнерами", — наголосив Ковальський. ("Another important proof that assets abroad are not beyond the reach of Ukrainian justice. This is exactly what we continue to work on together with our international partners," Kovalskyi emphasised.)