(QHA) -

Ukrainian billionaire Dmytro Firtash has been arrested in Austria, the Austria Press Agency reported on March 13.

Firtash, 48, a chemicals and energy tycoon and one of the richest men in Ukraine was seized openly in the street, in the immediate vicinity of the suspect's business premises, the press service reported, according to KyivPost.

The businessman was arrested at the request of the FBI on suspicion of involvement in the creation of an organized criminal group. He has been under investigation by the FBI since 2006.

Dmytro Firtash’s fortune is estimated at $2.3 billion.

His Group DF controls chemical producers Ostchem and Krymsky Tytan, number of regional energy supplying capacities, banks Nadra and Pravex, one of the country’s leading television stations Inter, Ukrainian News information agency and several minor media outlets. Critics say he has acquired assets in questionable privatization auctions.

Firtash believed to have business ties with alleged Russian crime boss Semyon Mogilevich, who remains on the FBI's 10 most wanted list of fugitives and is believed to be hiding in Moscow.

QHA