Sign in

Ukraine billionaire Igor Kolomoisky, once ally of Zelensky, detained over fraud suspicion

Igor Kolomoisky arrest: The arrest of the tycoon comes as Kyiv says it is still determined to crack down on corruption during the Russian invasion.

Published on: Sep 3, 2023, 14:48:00 IST
AFPPosted by
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

A Kyiv court has ordered a two-month detention for billionaire Igor Kolomoisky, under suspicion of fraud and money laundering, Ukrainian media reported late on Saturday.

Ukrainian business tycoon and one of Ukraine's most prominent billionaires Ihor Kolomoisky appears at a court session about a preventive measure against him, amid Russia's attack on Ukraine,. (REUTERS)
Ukrainian business tycoon and one of Ukraine's most prominent billionaires Ihor Kolomoisky appears at a court session about a preventive measure against him, amid Russia's attack on Ukraine,. (REUTERS)

The arrest of the tycoon -- one of Ukraine's richest men and once an ally of President Volodymyr Zelensky -- comes as Kyiv says it is still determined to crack down on corruption during the Russian invasion.

"The court chose a preventive measure for Igor Kolomoisky in the form of detention for two months with an alternative in the form of a bail of more than 509 million Ukrainian hryvnias," Radio Svoboda reported.

Ukraine's SBU security service said Kolomoisky was under suspicion of fraud and illegally obtaining property.

Also Read: Ahead of G20 Summit, Russian envoy draws red lines on Ukraine for joint statement

Kolomoisky, 60, appeared at Kyiv's Shevchenkivsky district court late on Saturday, wearing a yellow t-shirt and a blue jumper -- the colours of the Ukrainian flag.

Kolomoisky backed Zelensky's candidacy during the 2019 presidential election.

Before becoming president, Zelensky rose to fame as a comedian, acting on a television channel owned by Kolomoisky.

Since Russia invaded in February last year, Zelensky has repeatedly vowed to fight corruption in Ukraine -- a key requirement by Kyiv's western allies.

  • Nisha Anand
    ABOUT THE AUTHOR
    Nisha Anand

    Trainee Content Producer at HT Digital. I read about feminism, late modern history, and globalisation of Korean music.

Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.