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Previously, the Kyiv Court of Appeals ruled to remand Mazepa in custody but reduced his bail from UAH 350 million ($9.4 million) to UAH 21 million ($561,000). Read also: Court denies broadcasting preliminary hearing on businessman Ihor Mazepa Mazepa was arrested on Jan. 18, when he was crossing the Polish-Ukrainian border on his way to attend the World Economic Forum in Davos. Police also detained two other people suspected of the unlawful privatization of land for real estate development near Kyiv. Read also: Court detains Concorde Capital founder Ihor Mazepa with $9.3 million bail Ukraine’s …

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