Oligarch Kolomoisky is behind bars. How did he get there and can he find a way out?

Ihor Kolomoisky, one of Ukraine's most powerful oligarchs, was recently arrested and charged with money laundering and fraud.
Kolomoisky allegedly laundered over $13 million between 2019-2020. He was denied bail and will be in detention for up to 2 months.
Kolomoisky once controlled many key Ukrainian industries but has seen his empire crumble, with major assets nationalized. He faces legal issues in several countries.
There are contradictory claims about whether President Zelenskyy stripped Kolomoisky of Ukrainian citizenship last year, which could allow his extradition.
Kolomoisky's arrest comes amid recent corruption scandals in Ukraine. It may be an attempt by Zelenskyy's administration to show commitment to anti-corruption efforts.

kyivindependent.com

Relevant topic timeline:

9/8/2023

Ukraine Freezes Over $80 Million in Assets of Tycoon Kolomoisky in Embezzlement Probe

Ukrainian anti-corruption agencies have frozen over $80 million in assets belonging to billionaire Ihor Kolomoisky for 48 hours as part of an embezzlement investigation, following his previous detention on suspicion of money laundering and treatment as a suspect in the embezzlement case.

9/17/2023

Ukraine Cracks Down on Oligarch Kolomoisky, Once a Backer of President Zelensky

Ukrainian oligarch Ihor Kolomoisky, once a billionaire with significant influence over President Volodymyr Zelensky, is now facing multiple investigations and the risk of losing everything, including his freedom, amid a crackdown on corruption and the diminishing power of oligarchs in Ukraine.

9/19/2023

Zelensky Aide Accused of Corruption, Undermining Ukraine's Anti-Graft Efforts

Ukraine's President Zelenskiy faces renewed accusations of corruption and shielding a lawyer, Oleh Tatarov, who is alleged to have organized bribes, threatening the country's reputation for fighting corruption as it seeks foreign aid and EU membership.

Topics

Posted 9/6/2023, 8:44:59 PM