Ex-Ukraine minister held in Spain

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Published: Thursday 5th March 2015 by The News Editor

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Spanish police have arrested former Ukraine finance minister Yuri Kolobov, who is accused of embezzling millions of euros in state funds.

Kolobov was detained in the eastern coastal town of Altea, where he is believed to have been living since August, a Civil Guard statement said.

The 41-year-old was arrested on an order issued through Interpol in October.

Ukrainian authorities say Kolobov and other government officials misappropriated some seven million euro (£5 million) of public money to a private company.

Kolobov was minister in the government of former president Viktor Yanukovych, which fell in February 2014. Yanukovych and several members of his government then fled the country.

Published: Thursday 5th March 2015 by The News Editor

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