Gas tycoon stuck in legal web

TRUMP LINKS: SPAIN, AUSTRIA AND US ALL WANT TO SEE FIRTASH IN COURT

Magnate released on record bail of R1.7bn in Vienna in 2014.

Vienna

Austria arrested one of Ukraine’s richest men on Tuesday, a fresh twist for the one-time ally of ousted pro-Russian president Viktor Yanukovych.

Gas magnate Dmytro Firtash was taken into custody over alleged links to organised crime in Spain, moments after a Vienna court ruled he could be extradited to the US on corruption charges.

Firtash, 51, made money through connections with Russian gas giant Gazprom and was at one time linked to a former campaign aide of US President Donald Trump.

He is wanted in the US over charges that he and five others paid $18.5 million in bribes to officials in India to secure titanium mining licences in 2006.

The United States argues it has jurisdiction because the conspiracy involved using US financial institutions, travel to and from the US and use of US-based communications – computers, telephones, and the internet.

Firtash was arrested in Vienna in March 2014, but released on a record Austrian bail of €125 million (R1.7 billion).

He has denied all charges and maintained he was the victim of a smear campaign.

His legal team argued that he was caught up in a larger battle over the future of Ukraine, where the government has been engaged in bloody fighting with Russian-backed separatists in the east since 2014.

Authorities in Barcelona issued a European arrest warrant in November 2016, with media reports saying Firtash was accused of belonging to a criminal organisation which had laundered €10 million in Spain.

But when the warrant was issued, the tycoon was already under house arrest in Austria over the US allegations.

A lower court in Vienna sided with the tycoon in April 2015 and rejected the US request.

But the appeals court said on Tuesday the US had provided “sufficient” proof that Firtash “may have committed the crimes he is accused of”.

The prosecutor’s office refused to comment on the Spanish case or how Firtash’s arrest would affect the extradition ruling.

Firtash made his fortune importing gas to Ukraine from Russia and Central Asia. –