#AceFinanceNews- VIENNA – April 30 – Decision to extradite businessman Dmitry Firtash from Austria to the United States is expected in May, according to Deutsche Welle , with reference to the District Court of Vienna.
Firtash is the head of the board of Group DF group of companies and of the Federation of Employers of Ukraine. Lawyer businessman in court will act former Minister of Justice of Austria Dieter Bemdorfer.
As the U.S. Department of Justice, Firtash threatens conclusion for several decades for the creation of a criminal group and money laundering, the maximum combined sentence for the crimes he is charged with is 50 years.
Firtash suspected of forming a criminal group and bribing local officials in one of the states of India, as well as representatives of the central authorities.
DEUTSCHE WELLE – GAZETA – BBC
#AceFinanceNews – WASHINGTON – April 03 – Dmitry Firtash, one of the most influential Ukrainian oligarchs, was charged with bribing Indian officials to gain access to titanium mines in India, the U.S. Justice Department said in a press release on Wednesday http://www.justice.gov/opa/pr/2014/April/14-crm-333.html
Six people Firtash, a Hungarian entrepreneur, another Ukrainian citizen, an Indian politician and two businessmen from India and Sri Lanka are under investigation. U.S. prosecutors said that about 18.5 million dlrs had been handed over to Indian officials since 2006 to secure rights to mine titanium in the Indian state of Andhra Pradesh.
The mining project was expected to generate 500 mln dlrs annually from the sale of titanium, including to a company based in Chicago.
Prosecutors said Firtash had negotiated with Indian officials and ordered to pay them in exchange for preferences to secure mining licenses, and documents were falsified, on his instructions, for the money transfer.
The investigation was conducted by the FBI in Chicago.
On March 21, Firtash was released in Vienna on a 125-Million euro bail from custody. He was held there after he was detained at the request of U.S. law enforcement authorities #ANS2014 http://wp.me/pzTwj-2FR
As was noted in the United States, Firtash was a major player in the sale of Russian gas to Ukraine.
#AceFinanceNews An Austrian court has ruled to release Ukrainian oligarch Dmitry Firtash on a 125 million euros bail, but ordered him to stay in the country pending US extradition.
Earlier it was reported that Austrian authorities detained the Firtash, on charges of bribery at the request of Washington.
The detained Ukrainian national is believed to have business ties with the ousted Ukrainian president, Viktor Yanukovich.
Police claim that the arrest of the entrepreneur is not linked to the Ukraine crisis.
The Austrian authorities noted that the FBI has been investigating Firtash since 2006, and that an arrest warrant had been issued for him by a federal judge in Virginia, the.
The Group D, owned by the Firtash confirmed his arrest in Vienna, saying that the incident was a “misunderstanding” and will cleared in the “near future.”
Related links: March 13 http://wp.me/pzTwj-2Ea
#AceFinanceNews – Austria has arrested one of Ukraine’s richest men, Dmitry Firtash, at the request of the US, which has been investigating him since 2006, Reuters reported, citing government sources.
The Federal Crime Agency on Thursday identified the suspect only as Dmitry F., 48, but government sources said it was Firtash.
“Based on years of investigations by the US FBI and an arrest warrant issued by a US federal district court, Vienna prosecutors issued a national order to detain the businessman,” the agency said.
He was suspected of bribery and forming a criminal organization in the course of foreign business deals.
There was no immediate confirmation from the FBI or US Justice Department.