Thursday, February 6
“Ferrexpo rushes to defend chief against prosecutor’s social media claims”
Tuesday, October 1, 2019


“Ferrexpo rushes to defend chief against prosecutor’s social media claims” headlines the Financial Times about a Ukrainian prosecutor issuing a ‘notice of suspicion’ for Konstantin Zhevago, CEO of the LSE-listed iron mining company. The notice suspects Zhevago of involvement in the embezzlement of about $100 million from Finance & Credit bank, what was declared insolvent in 2015. Zhevago controlled the bank which held a major chunk of Ferrexpo cash.