Ukrainian oligarch Kolomoisky faces life imprisonment

Igor Kolomoisky, once considered Ukraine’s most influential oligarch and a supporter of President Volodymyr Zelenskiy, has been charged with an organised murder from over 20 years ago, which carries a penalty of life imprisonment.

Kolomoisky was informed of suspicion in organising a contract killing of a director of a legal firm dating back to 2003, according to the country’s Prosecutor General’s Office and National Police.

Kolomoisky faces accusations of involvement in the assassination plot, allegedly stemming from a corporate dispute over shareholder decisions.

“Under the procedural guidance of the Prosecutor General’s Office, a well-known businessman suspected of money laundering has been informed of another crime related to the organisation of a contract killing,” the Office said in a statement.

According to informed sources, the allegations are directed at Kolomoisky.

Investigators assert that the oligarch ordered the killing of a legal firm’s director over the refusal to annul decisions made during a shareholders’ meeting of an open joint-stock company.

Police officials claim that Kolomoisky had personal commercial interests in a metallurgical plant, which were impeded by the shareholder decisions that barred him from fully executing his profit-making plans.

Consequently, he allegedly resorted to threats and hired a gang, known for its involvement in physical assaults against competitors, to carry out the hit.

The assault occurred in August 2003 in the city of Feodosia, where four men attacked the victim with metal rods and inflicted stab wounds to various parts of his body. The victim survived due to the intervention of his wife and prompt medical assistance.

The alleged perpetrators were apprehended shortly after the incident and later sentenced to imprisonment ranging from 6 to 12 years.

The investigation into identifying the mastermind behind the assassination attempt remained a separate inquiry until May 8, 2024, when Kolomoisky was formally notified of suspicion.

The charges against him, involving attempted premeditated murder, carry penalties ranging from imprisonment for up to 15 years to life imprisonment.

Additionally, 23 searches are being conducted in four regions of the country as part of the ongoing investigation.

Kolomoisky is currently in custody in connection with another case.

The oligarch has faced legal scrutiny in the past, with criminal proceedings initiated against him in 2005 for allegedly orchestrating the assassination attempt of lawyer Serhiy Karpenko. However, the case was closed under dubious circumstances later that year.

In 2013, Viktor Pinchuk, who initiated legal proceedings against Kolomoisky in London over shares in the Kryvyi Rih Iron Ore Plant, attempted to revive the case, accusing Kolomoisky of involvement in Karpenko’s murder. Nevertheless, the High Court of London ruled out the inclusion of the “Karpenko episode” in the trial.

In 2023, Ukraine’s Security Service, Bureau of Economic Security, and the Prosecutor General’s Office formally charged Kolomoisky with fraud and money laundering. He was accused of syphoning off billions from PrivatBank, among other offences.

Kolomoisky’s bail was initially set at nearly UAH510mn ($16mn), later increased to UAH3.89bn ($121mn). He is known to have citizenship of Ukraine, Israel and Cyprus and was formerly the governor of the Dnipropetrovsk Oblast.

https://www.intellinews.com/ukrainian-oligarch-kolomoisky-faces-life-imprisonment-324408

3 comments

    • Yeah. Now that the corrupt judges have been removed, he has nobody to protect him.

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