Ex-MP Zhevago's $40 Million Mansion Seized in Paris

In France, a mansion in Paris belonging to former Member of Parliament and businessman Kostyantyn Zhevago has been seized at the request of the Ukrainian side. The property is estimated to be worth 40 million dollars. This was reported by RBC-Ukraine with reference to the Office of the Prosecutor General.

Timeline of the international request

The Office of the Prosecutor General sent a request for international legal assistance to France on September 17, 2026. The property seizure was imposed on November 9, and confirmation of the asset seizure from French competent authorities was received on November 10. Thus, about two months passed from the moment of sending the request to the actual seizure.

Essence of the criminal proceedings

The measure was taken within the framework of criminal proceedings, for which the pre-trial investigation is conducted by the State Bureau of Investigation, and procedural guidance is provided by the prosecutors of the Office of the Prosecutor General. According to the investigation, Kostyantyn Zhevago controlled more than 90% of the authorized capital of the Finance and Credit Bank. Together with other bank executives, by prior conspiracy, he is believed to have organized a scheme to embezzle 113 million dollars.

Money laundering through offshore companies

The investigation believes that these funds were subsequently laundered to give them a lawful appearance. To this end, according to the investigation, offshore structures and other companies controlled by Zhevago were used. Specifically, it is alleged that bank funds from foreign bank accounts were pledged as collateral for a loan for an offshore company controlled by the businessman himself.

Context: suspicion and investigation in absentia

As a reminder, former Prosecutor General of Ukraine Ruslan Kravchenko reported that former MP Zhevago was served with a notice of suspicion in France on March 19. Damages in this case, according to available data, were estimated at over 519 million hryvnias. Earlier, the Pecherskyi Court of Kyiv authorized an investigation into Zhevago in absentia.