NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Ukrainian court orders Kremlin ally Medvedchuk to remain under house arrest

Published 10/12/2021, 02:59 PM
Updated 10/12/2021, 03:07 PM
© Reuters. FILE PHOTO: Viktor Medvedchuk, leader of Opposition Platform - For Life political party, attends a court hearing in Kyiv, Ukraine May 13, 2021. REUTERS/Serhii Nuzhnenko/File Photo

By Natalia Zinets and Pavel Polityuk

KYIV (Reuters) - A Ukrainian court on Tuesday ordered pro-Russian politician Viktor Medvedchuk to remain under house arrest until December after prosecutors widened their investigation into his activities and accused him of financing separatist fighters.

Medvedchuk, who strongly denies wrongdoing, has been under house arrest since May, facing accusations of treason and attempting to plunder state resources in Crimea, a part of Ukraine which Russia annexed in 2014.

Prosecutors had asked a Kyiv court for Medvedchuk to be taken into custody instead of house arrest, saying he posed a flight risk or might try to put pressure on witnesses.

The court turned down their request and extended Medvedchuk's house arrest to Dec. 7 from Oct. 31.

The court decided "to apply a measure of restraint in the form of house arrest, forbidding him to leave his place of residence round the clock", judge Vita Bortnytska said at a televised court hearing.

Last week law enforcement officials said they had widened their investigation into Medvedchuk and that they suspected him of colluding with top officials to buy coal from mines in separatist-held areas of eastern Ukraine.

Medvedchuk, the Kremlin's most prominent ally in Ukraine, said the charges were trumped up to silence his criticism of government policy.

"The criminal case and the charges against me are completely groundless and unfounded," he said before the verdict. "I regard it as an illegal criminal prosecution and political repression."

© Reuters. FILE PHOTO: Viktor Medvedchuk, leader of Opposition Platform - For Life political party, attends a court hearing in Kyiv, Ukraine May 13, 2021. REUTERS/Serhii Nuzhnenko/File Photo

Ukraine has been at war with Russian-backed separatists in the eastern Donbass region since 2014. It faced an acute fuel shortage after separatists seized territory where coal mines were located.

Medvedchuk, whose political party is the second largest in parliament, is a Ukrainian citizen but has close ties with Russian President Vladimir Putin and has said the Russian leader is godfather to his daughter.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.