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Bandurchenko released from under guard

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The Shevchenkivskyi District Court of Kyiv released from under guard Oleksandr Bandurchenko, head of the King's Capital financial group, suspected of masterminding this group's fraud, in his own custody, Ukrainian News has learned from a well-informed source.
In his words, Bandurchenko's lawyer solicited to this court decision, as the term of keeping King's Capital head under arrest expired and the prosecution submitted no corresponding petition

As Ukrainian News earlier reported, the Shevchenkivskyi District Court of Kyiv extended till April detention on remand for US citizen Robert Fletcher suspected of frauds and head of the King's Capital financial group Oleksandr Bandurchenko suspected of fraudulent acts.

Bandurchenko was arrested in November 2008 for two months.

Written by: Sashko Tuesday, 01 September 2009 17:23