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86 people fall under criteria of oligarchs according to new law.

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The law that seeks to limit the influence of oligarchs in Ukraine, in effect since May 7, defines oligarchs as people who have significant influence on media, participate in political life, own monopolies, and are worth more than Hr 2.27 billion. According to Oleksiy Danilov, secretary of the National Security and Defense Council, 86 people fall under the criteria in Ukraine. He didn't reveal their names.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The Kyiv Independent’s separate analytical unit, KI Insights, is excited to announce the launch of its podcast, Ukraine Insights — a show dedicated to unpacking Ukraine’s politics, security, economy, and international relations through in-depth, expert-driven conversations.

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As winter ends, fighting on Ukraine’s southern front is intensifying, and drones are leading the battle. The Ukraine’s 423rd Separate Drone Battalion, known as the “Scythian Griffins,” operates in Zaporizhzhia Oblast. With both sides preparing for a larger spring and summer campaign, the battle for Ukraine’s south is entering a new phase.

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