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Kaskiv released on bail

Former official said reimbursed damage to the state.

Kaskiv released on bail
Photo: Photo: Lutsenko Yuriy

Kyiv's Pechersk district court on 1 November released the former head of the State Agency for Investment and National Projects of Ukraine Vladyslav Kaskiv on bail after Kaskiv's defence provided the court with documents indicating the full compensation of the damage caused to the state. The court also took into account the fact that Kaskiv is a father of five underage children, PGO press-secretary Larysa Sarhan said in a release.

She did not elaborate on the size of the bail, but added that the court ordered the deposit for to be posted within five-day term. In case of default Kaskiv will re-detained and arrested.

A Ukrainian publication said Kaskiv was released in the courtroom on 160 thousand hryvnia bail.

Kaskiv was extradited from Panama to Ukraine, Prosecutor-General Yuriy Lutsenko said earlier. According to unofficial data, Kaskiv agreed to voluntary extradition, and flew to Ukraine on his own accord.

Kaskiv suspected of embezzling 7.5 mn hryvnya in public funds in 2012 in collusion with other persons.

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