# France seizes Ukrainian oligarch Zhevago’s $40 million Paris mansion in embezzlement investigation

- URL: https://talkfuse.com/story/france-seizes-ukrainian-oligarch-zhevagos-40-million-paris-mansion-in-embezzlement-investigation/
- Published: 2026-11-13T19:57:00+00:00
- Updated: 2026-11-13T21:57:41+00:00
- Original publisher: Kyiv Independent
- Original article: https://kyivindependent.com/france-seizes-ukrainian-oligarch-zhevagos-40-million-paris-mansion-in-embezzlement-investigation/
- Topics: Europe, World

## Key points

- France seized Zhevago’s $40 million Paris mansion.
- The case concerns alleged embezzlement of $113 million.
- French courts have rejected Ukraine’s extradition requests.

## Summary

French authorities seized Kostyantyn Zhevago’s Paris mansion, valued at $40 million, at the request of Ukrainian prosecutors. The action is part of an investigation into alleged embezzlement from a failed Ukrainian bank and shows how prosecutors are pursuing assets abroad.

Investigators allege Zhevago, who controlled more than 90% of Finance and Credit Bank, conspired with senior officials to divert $113 million and launder it through offshore structures and companies under his control. France seized the property on 9 November after a Ukrainian assistance request; Kyiv received confirmation the next day. Zhevago denies no charges in the article; French courts have repeatedly refused extradition, most recently in October 2025, citing fair-trial concerns.

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