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Kyiv developer Voitsekhovskyi bailed out, - media

As reported by Censor.NET citing TSN, the Pechersk district court of Kyiv received confirmation that the bail in the amount of 14 million hryvnia (about $560,000) had been posted for Anatolii Voitsekhovskyi.

Watch more: PGO detains Kyiv developer Voitsekhovskyi. VIDEO (updated)

Earlier, the National Police detained developer Voitsekhovskyi on July 15. He is suspected of evading taxes in the amount of 12.5 million hryvnia ($500,000), setting up a criminal group with the purpose of seizing a land plot in Kyiv to construct a building, and embezzling citizens' funds in the amount of 2.6 million hryvnia during the construction. July 16, the Pechersk court remanded developer Anatolii Voitsekhovskyi in a two-month custody with a possibility to place bail in the amount of 14 million hryvnia.