Ferrexpo owner Kostyantyn Zhevago to step down from board after arrest

Iron pellet producer Ferrexpo Plc FXPO.L said on Thursday its controlling shareholder, Kostyantyn Zhevago, will leave the board with immediate effect, following the billionaire’s detention by French authorities. Earlier in the day, Ferrexpo said Zhevago’s detention was unrelated to matters at the London-listed firm and the board was seeking to clarify the situation. Zhevago holds a 50.3% stake in…

Ukraine arrested oligarch Konstantin Zhevago

A Ukrainian oligarch was arrested at an elite French ski resort, Ukraine’s State Bureau of Investigation (DBR) said. French law enforcement detained Konstantin Zhevago in a hotel in the famed alpine ski resort of Courchevel on Tuesday, the agency said in a statement. An DBR spokesperson said French police made the arrest after Ukraine asked…