Ukraine Cites Detained Investment Banker in Land Deal Probe

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Ukrainian authorities accused detained investment banker Igor Mazepa of organizing a scheme to illegally buy land near Kyiv to build luxury residences.

At issue is the purchase of seven hectares (17 acres) of land on the grounds of the capital’s hydropower station that put the functioning of critical infrastructure at risk, the State Bureau of Investigation said Friday in a statement. Mazepa, who was detained Thursday, has denied wrongdoing.