Westminster Court in London has declined to extradite former Board Chairman of Kazakhstan's BTA Bank Roman Solodchenko, who is accused of embezzlement of assets and abuse of office, to the Prosecutor General's Office of Ukraine, Ilyashev & Partners law firm defending the financial institution has said in a press release.

The law firm that Sollodchenko could be imprisoned for the period of up to 12 years with seizure of property to the national budget in Ukraine.

According to the document, the court ruled this, as there is no fair judicial system in Ukraine and the state will fail to provide for fair legal process.

In general the situation in Ukraine looks like improving, although when the prime minister of the country says that he wants to hire all new judges and fully reshuffle the existing system, this does not signal that the situations has considerably changed, the court said.

According to the press release, the court did not find infringements in the investigation procedure in Ukraine and the court established that Ukrainian prisons comply with the requirements of the European Convention on Human Rights (ECHR).

The law firm said that Solodchenko was arrested in London on January 8, 2015. Ukrainian authorities suspect him of crimes under the Ukrainian Criminal Code. Solodchenko and former owner of BTA Bank Mukhtar Ablyazov and other members of the criminal group are accused of causing losses of over $6 billion to the bank.

Actions of Ablyazov and his partners in crime are being investigated by law enforcement agencies in Kazakhstan, Russia, Hungary, Latvia and other countries.

Earlier English courts satisfied claims of BTA against Ablyazov and his partners in crime to collect over $4 billion.