Wednesday 19 March 2014

Firtash Seeking Funds to Get Out of ‘Political’ Custody - Bloomberg #EuroMaidan

Firtash Seeking Funds to Get Out of ‘Political’ Custody - Bloomberg:



"Dmitry Firtash, the Ukrainian billionaire held on a U.S. warrant in Vienna, said he needs a few days to raise a record 125 million-euro ($174 million) bail to get out of custody he criticized as politically motivated.



“The reason for my detention in Vienna last week was without foundation and I believe strongly that the motivation was purely political,” Firtash, 48, said in a statement e-mailed by his spokesman. “My detention will seriously threaten many Ukrainian jobs and destroy my business.”



Firtash was jailed March 12, days before Ukraine’s Crimean peninsula voted to join Russia in a ballot rejected as “illegal” by the U.S. and the European Union. U.S. authorities allege he paid bribes and formed a criminal organization. The Vienna criminal court now has to decide on a U.S. extradition request for Firtash.



Firtash probably won’t be released on bail before March 21, his spokesman, Daniel Kapp, said via e-mail. Vienna’s criminal court on March 14 set the highest bond ever fixed in Austria, surpassing the 100 million euros banker Julius Meinl V had to pay in 2008."



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