Top Ukrainian oligarch arrested

RUSSIA / FSU POLITICS - In Brief 03 Sep 2023 by Alex Teddy
On September 2 Ihor Kolomoisky was arrested on suspicion of fraud and money laundering. He will be held in pre-trial detention for two months. He allegedly illegally sent USD 14 million abroad to other countries. Ukraine is eager to prove that it is cracking down on corruption. There is disquiet in donor countries that money gifted to Ukraine is stolen. Kolomoisky is one of the Ukraine's richest people. He owns TV channels and gave Zelensky his first big break when Zelensky was a comedian. There were suggestions from other politicians that Zelensky was just Kolomoisky's puppet president. This arrest appears to give lie to that. There are persistent reports of men being able to evade the draft by paying bribes. Ukraine is rated one of the most corrupt countries in Europe. The EU insists on tangible progress against corruption if Ukraine is going to join the EU. Kolomoisky is also being investigated for embezzlement and tax evasion. He partly owns oil companies. He used to own Private Bank. The US sanctioned him for corruption in 2011.

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