PGO: Ex-head of investment agency Kaskiv released in Panama on $600,000 bail
Deputy head of the Ukrainian Prosecutor General's Office (PGO) Eugene Enin has informed that former head of the State Agency for Investment and National Projects Vladyslav Kaskiv, who is accused of embezzling state funds, has been released in Panama on US$600,000 bail.
"Kaskiv has put up bail for himself and left the prison after all. He is obliged to report to the police station twice a week, and his movement is limited to the city of Panama. This will last for a while, until the Panamanian authorities (not controlled by the Moscow regime as Kaskiv originally imagined) will complete the procedure of extradition checking," Enin wrote on Facebook on Monday.
He said that the $600,000 paid as bail was "another evidence that the official who is doing his best to postpone communication with Ukrainian investigators is corrupt."
As UNIAN reported earlier, Kaskiv headed the State Agency for Investment and National Projects of Ukraine in 2010-2014.
On August 18, Ukrainian Prosecutor General Yuriy Lutsenko announced in Kyiv that Kaskiv had been detained by Panamanian law enforcement agencies.
Ukrainian prosecutors say value of Kaskiv's Panama property exceeds bail for himUkrainian Interior Minister Arsen Avakov claims that Kaskiv siphoned UAH 255 million ($10.2 million) from Ukraine.
Late in March this year, Kaskiv was put on an international wanted list on the charge of embezzlement of public funds in 2012-2013 (UAH 7.5 million) under an agreement on advertising services, which was brokered by Kaskiv with a limited liability company.
Enin said on August 20 that the PGO had sent a request to Panama for Kaskiv's extradition.
A court in Panama granted Kaskiv bail set at $600,000.
Enin said Kaskiv had applied for political asylum in Panama, though his chances of staying in that country are extremely low.