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Ukraine Oligarch Loses U.S. Extradition Fight, Is Arrested

  • U.S. seeks Ukrainian on corruption charges that he denies
  • Tycoon arrested on separate Spanish warrant as he left court
Dmitry Firtash, the Ukrainian billionaire, speaks on his mobile telephone outside the Group DF offices following a Bloomberg Television interview in Vienna on March 14, 2016.

Dmitry Firtash, the Ukrainian billionaire, speaks on his mobile telephone outside the Group DF offices following a Bloomberg Television interview in Vienna on March 14, 2016.

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An Austrian appeals court approved a U.S. request to extradite Dmitry Firtash on corruption charges in a surprise decision that opens the way for the Ukrainian tycoon to be sent to the U.S. for trial.

But that could be delayed after the case took another unexpected turn minutes after the verdict on Tuesday, when plainclothes Austrian police arrested Firtash as he left the courthouse on a separate Spanish warrant. Magistrates in Barcelona charged him with money laundering and engaging in organized crime, according to a document seen by Bloomberg.