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Court arrests oligarch Kolomoisky, sets $14 million bail

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Court arrests oligarch Kolomoisky, sets $14 million bail
Ukraine's Security Service published a photo of the moment when oligarch Ihor Kolomoisky was officially handed criminal charges. (Ukraine's Security Service)

Kyiv's Shevchenkivskyi district court on Sept. 2 put oligarch Ihor Kolomoisky under arrest until Oct. 31 and set a Hr 509 million ($14 million) bail for him, Ukrainian online newspaper Ukrainska Pravda reported.

Kolomoisky arrived at the Kyiv court earlier on Sept. 2 after being charged with fraud and money laundering.

The hearing was closed to the public due to the defendant's request.

Earlier on Sept. 2, Ukraine's Security Service published photos showing law enforcers confronting Kolomoisky at his home and conducting a search of the premises. Kolomoisky was charged during the search with fraud and money laundering.

The Security Service said in its official statement that Kolomoisky is suspected of laundering over Hr 500 million ($13.5 million) in 2013-2020.

Oligarch Kolomoisky charged with money laundering, fraud
Ihor Kolomoisky, one of Ukraine’s most infamous oligarchs, was officially charged with fraud and money laundering. The Security Service said in its official statement that Kolomoisky is alleged of laundering over Hr 500 million ($13.5 million) in 2019-2020.
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Asami Terajima

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Asami Terajima is a reporter at the Kyiv Independent covering Ukrainian military issues, front-line developments, and politics. She is the co-author of the weekly War Notes newsletter. She previously worked as a business reporter for the Kyiv Post focusing on international trade, infrastructure, investment, and energy. Originally from Japan, Terajima moved to Ukraine during childhood and completed her bachelor’s degree in Business Administration in the U.S. She is the winner of the Thomson Reuters Foundation's Kurt Schork Award in International Journalism 2023 (Local Reporter category) and the George Weidenfeld Prize, awarded as part of Germany's Axel Springer Prize 2023. She was also featured in the Media Development Foundation’s “25 under 25: Young and Bold” 2023 list of emerging media makers in Ukraine.

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