Authorities in Spain have detained the son of Alexander Adarich, a former chairman of UkrSibbank, in Barcelona on February 27. This arrest follows a European warrant issued by Italy as part of an investigation into the suspicious death of Adarich in Milan.
The 34-year-old son is suspected of conspiring with a group to lure his father into a trap under the pretense of a business meeting, with the intent of coercing him to transfer €250,000 in cryptocurrency. At least four other individuals are implicated in the case, some of whom may have a history of involvement in cryptocurrency extortion.
Italian investigators are still determining whether Adarich fell from a window while already deceased or if he died as a result of the fall. Evidence found on his neck and wrists suggests possible binding and the use of force. An autopsy to clarify the cause of death is scheduled for March 9.
At the time of the incident, only the son was present in the room with Adarich. The investigation has involved extensive analysis of data from phones and surveillance cameras to reconstruct the movements of both individuals. Spanish law enforcement has collaborated with Europol and Eurojust in this inquiry.
The investigation into Adarich’s death began in late January when he fell from the fourth floor of a rented apartment in Milan, which was registered under another person’s name. Adarich was a prominent figure in Ukraine’s banking sector, having previously owned several banks, including FidoBank, Eurobank, and Erste Bank. He held dual citizenship in Ukraine and Romania.
In a related note, another suspect in a separate murder case, Andriy Portnov, was apprehended in Germany in spring 2025.
The arrest of Alexander Adarich's son in Barcelona raises serious questions about the circumstances surrounding the financier's death in Milan. Investigators are piecing together evidence from the scene as they delve deeper into the case involving potential financial motives.
Source: Європейська правда