The US has also sanctioned the one-time supporter of President Volodymyr Zelensky for corruption.
Ihor Kolomoisky is regarded as one of the oligarchs who amassed huge industrial wealth after the 1991 collapse of the Soviet Union.
Defence lawyers said Kolomoisky would appeal the ruling, questioning its legality, but that he would not post bail of almost US$14 million in order to secure his release, broadcaster Radio Liberty reported. “It was established that during 2013-2020, Ihor Kolomoisky legalised more than half a billion hryvnias by withdrawing them abroad and using the infrastructure of banks under control,” the agency said in a statement.
Before Russia’s February 2022 invasion, Zelensky and his team passed legislation requiring oligarchs to register and stay out of politics. The war has eroded the oligarchs’ power as industrial assets have been destroyed in the east and south, and their television channels have been broadcasting under a centralised signal.
Earlier this year, security officials searched Kolomoisky’s home in connection with a separate investigation into embezzlement and tax evasion at the country’s two largest oil companies partially owned by him.
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