The profound fall of the Ukrainian oligarchs
Ihor Kolomoisky was one of those who controlled Ukraine’s politics and economy almost at will. He was instrumental in Volodymyr Zelensky becoming president in 2019. The businessman, who was living in Switzerland, is now in detention.
He must remain in custody for an initial two months: Oligarch Ihor Kolomoisky appeared before a judge on Saturday.
Photo: Getty
There were unusual images for several Ukrainians when agents from the Ukrainian intelligence service and the Economic Security Bureau rang the doorbell at Ihor Kolomoisky’s wooden villa surrounded by forests in the big city of Dnipro. When Kolomoisky, until recently a so-called oligarch one of the richest and most influential men in Ukraine, opened the door, an agent read out the allegations that served as the basis for Kolomoisky’s later arrest: The oligarch illegally obtained money from 2013 to 2013. In 2020, with the help of the banking structures he controlled, more than half a billion hryvnia (equivalent to about 12.6 million francs) were illegally transferred abroad.
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