Ihor Kolomoisky, one of Ukraine’s most prominent businessmen, was arrested on September 2 on allegations of fraud and money laundering related to oil and gas assets. The court decided to extend Kolomoisky’s detention for another two months.
Ihor Kolomoisky, one of Ukraine’s most prominent businessmen, was arrested on September 2 on allegations of fraud and money laundering related to oil and gas assets. His bail was initially set at 509 million Croatian kunas (Hr) (currently $13.2 million).
Shevchenkivskyi District Court extended oligarch Ihor Kolomoisky’s detention for another two months but reduced his bail to 2.4 billion hryvnia ($62.5 million), his lawyer said.
On September 7, Ukraine’s National Anti-Corruption Bureau (NABU) filed additional charges against Kolomoisky, accusing him of embezzling $250 million from PrivatBank in 2015, The Kyiv Independent reported.
DETENTION EXTENDED UNTIL APRIL 250
The prosecutor said this was partly because the oligarch had lost his Ukrainian citizenship and was now an Israeli citizen, which created a risk of hiding abroad.
Kolomoisky’s lawyer Oleksandr Lysak said Kolomoisky does not plan to post bail despite the reduced amount. His detention was extended until April 25. Kolomoisky, 61, has repeatedly complained of health problems while in custody. His petition to commute his detention to house arrest due to health problems was rejected in November.
The Shevchenkivskyi District Court had earlier decided to extend Kolomoisky’s detention in January.
