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 Kyiv Court of Appeal overturns sanction for detention and arrest of oligarch Kurchenko

The Kyiv Court of Appeal has overturned the sanction for detention and arrest of Serhii Kurchenko, the owner of East European Fuel and Energy Company (VETEK).

Censor.NET reports citing the court press service.

The court considered on Wednesday an appeal by Kurchenko's lawyers against the decision of the Pechersk district court of Kyiv of May 10 to remand the fugitive businessman in custody as a pre-trial restraint measure.

Read more: Ukraine's budget to obtain funds from sold "Kurchenko's oil" before end of the year, prosecutor general says

The Pechersk district court explained that after Kurchenko is detained, but not later than 48 hours from the moment of his delivery to the place of prosecution, the court will have to decide on the use of remand.

Following the consideration, the panel of judges granted the appeal and canceled the ruling of the first instance court.

Moreover, the appeals court dismissed a request by the Prosecutor General's Office to remand Kurchenko in custody.

Earlier, President Petro Poroshenko said he expected law enforcers to accelerate investigations launched under criminal proceedings against Kurchenko.

Read more: Kurchenko may intervene in litigation on Odesa Port Plant, forensic audit requested
 
 
 
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