The detention of one of Ukraine's richest men, Ihor Kolomoisky, has been extended for another month, Kyiv's Shevchenkivskyi district court ruled on Oct. 27.
The term was due to expire on Nov. 2. The judge ruled that Kolomoisky will remain in pretrial detention until at least Dec. 2.
The judge also ordered that the detention center to organize a medical examination of Kolomoisky after his lawyer expressed concerns about client's deteriorating health.
Kolomoisky, one of Ukraine's most well-known business tycoons and billionaires, was arrested on Sept. 2 for fraud and money laundering related to his oil and gas holdings.
The National Anti-Corruption Bureau of Ukraine (NABU) handed Kolomoisky additional criminal charges on Sept. 7, accusing him of embezzling $250 million from PrivatBank in 2015.
Following the new charge, the Shevchenkivskyi district court increased the oligarch's bail from Hr 509 million ($14 million) to Hr 3.89 billion ($106 million).
The prosecutor said this was in part due to the fact that the oligarch had lost his Ukrainian citizenship and is now a citizen of Israel, which creates a risk of him hiding abroad.
Kolomoisky used to control Ukrtatnafta, Ukraine's largest refining company until it was seized by the government in November, citing it as a critical national resource during martial law.
The company reportedly refused to pay Hr 3.2 billion ($90 million) in taxes last year.
He also owned over 40% of Ukrnafta, an oil and gas extractor, through multiple smaller companies in his orbit. The Ukrainian state seized this company as well last year.
In 2016, the government also nationalized PrivatBank, the country's largest bank - when Kolomoisky co-owned it, the bank's fraudulent activities left a $5.5 billion hole in its balance sheet.
The oligarch's business dealings through these companies careened from scandal to scandal over the previous decade.
Kolomoisky also faces various lawsuits and charges in the U.K., U.S., Israel, and Ukraine.
(Updated: )
