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Ihor Kolomoisky

Defense Ministry uses martial law to seize oligarchs' assets

Defense Ministry uses martial law to seize oligarchs' assets

by Alexander Query

The Ukrainian government's clampdown on strategic companies owned by oligarchs was swift and unexpected. Invoking special provisions under martial law, the Defense Ministry seized five companies associated with controversial businessmen Ihor Kolomoisky, Kostyantyn Zhevago, Konstantin Grigorishin, and Viacheslav Bohuslaiev. The companies seized include fossil fuel companies Ukrnafta and Ukrtatnafta, truck

US prosecutors move to seize $6 million from Kolomoisky in Texas

US prosecutors move to seize $6 million from Kolomoisky in Texas

by Alexander Query

The U.S. Department of Justice filed a civil forfeiture complaint on Jan. 20, with the intention of seizing $6 million from Ukrainian oligarch Ihor Kolomoisky's businesses, allegedly obtained with money stolen and laundered from PrivatBank. Federal prosecutors say Kolomoisky's businesses received the $6 million as proceeds from the sale

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3:08 PM

Hugo Boss to sell its Russian subsidiary.

Along with many other Western companies, Hugo Boss suspended its retail operations in Russia after the beginning of the full-scale invasion of Ukraine in February 2022.
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