11:41 01.11.2017

Court releases Kaskiv, instructs him to post UAH 160,000 bail within 5 days

2 min read
Court releases Kaskiv, instructs him to post UAH 160,000 bail within 5 days

Kyiv's Pechersky District Court has remanded ex-head of Ukraine's State Agency for Investments and National Projects (Derzhinvestproekt) Vladyslav Kaskiv to two months pretrial detention, setting a bail at UAH 160,000.

"The court decided to "remand Kaskiv into pretrial custody for two months and set bail [at UAH 160,000]," Ukraine's Prosecutor General's Office (PGO) Secretary Larysa Sarhan said on her Facebook page.

The court also ordered Kaskiv to turn in all passports and to be available to investigators, as well as to inform them of his whereabouts.

Sarhan told 112.Ukraine TV channel that the court hearing on pretrial confinement was conducted in closed session.

"Kaskiv's lawyers during the hearing presented documents showing that Kaskiv had remunerated the state for all losses … The court set bail at UAH 160,000," she said.

Sarhan said Kaskiv returned to Ukraine by plane, as per extradition procedure. "The only exception was that Kaskiv paid for the ticket himself," she said.

Kaskiv was declared internationally wanted under Part 5 of Article 191 of the Criminal Code of Ukraine on charges of "large-scale misappropriation of property by an official through abuse of office and through collusion with a group of persons" and under Part 2 of Article 366 of the Criminal Code of Ukraine on "forgery by an official."

It was reported on September 8, 2016 that Ukrainian Prosecutor General's Office had received confirmation from Interpol that Kaskiv had been arrested in Panama. On September 12, a court in Panama granted Kaskiv a $600,000 bail, after which he applied for political asylum, which was turned down.

Ex-first Deputy Head of the Presidential Administration Andriy Portnov on his Facebook page said: "Kaskiv several months ago requested voluntary extradition to Ukraine, showing the Panama court judge that he had nothing to hide. He then bought an airplane ticket. He spent yesterday in Amsterdam and flew to Kyiv last night after informing Ukrainian authorities of his arrival."

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