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. Last Updated: 07/27/2016

Prosecutor: Release Gusinsky on Bail

APVladimir Gusinsky was jailed Monday, pending a decision by Greece's top court on whether he will be extradited.
ATHENS, Greece -- An Athens prosecutor examining a release request for Vladimir Gusinsky proposed Thursday that the former media baron should be freed on bail of $60,000, court sources said.

But it is up to an appeals council to decide in the next days whether Gusinsky, arrested last week at Athens airport, will be released from Athens' Korydallos prison to await another ruling on his possible extradition to Russia to face fraud charges.

Gusinsky was jailed Monday, pending a decision by Greece's top court on whether he will be extradited.

"The prosecutor proposed that Gusinsky be freed, posting a $60,000 bail, and remain within the Greek borders until the extradition issue is resolved," a court source said. "It's up to the council now to either agree with this proposal or keep him in jail."

Gusinsky's lawyers submitted a request for his release early Thursday. Hours later the prosecutor's proposal was submitted to the council for consideration.

Court officials say the speed of the process is very rare considering that similar decisions take weeks or months before a proposal or a final decision is issued.

Greek authorities say they have yet to receive an official extradition request from Moscow. Russia said Tuesday that it has started preparing the request.

"As far as I know we have not received any request yet," government spokesman Christos Protopapas said.

Gusinsky fled Russia in 2001 after prosecutors opened a fraud case against him. He was arrested in Spain that year, but a Spanish court threw out all the charges against him that Russia submitted to back up an extradition request.

Carrying Russian and Israeli passports, Gusinsky arrived in Athens last Thursday on a flight from Tel Aviv, where he had lived in self-imposed exile since leaving Spain.