Arrested Ukrainian Oligarch Kolomoyskiy Faces New Corruption Charges

Ihor Kolomoyskiy appears in court in Kyiv on September 2.

Ukraine's Security Service (SBU) said on September 15 that arrested tycoon Ihor Kolomoyskiy faces a new, third charge, the latest for illegally obtaining 5.8 billion hryvnyas ($156 million) through fictitious cash deposits. Last week, the National Anti-Corruption Bureau of Ukraine said Kolomoyskiy was a suspect in a criminal investigation for embezzlement from Privatbank. Kolomoyskiy is one of Ukraine's richest men and a former ally of President Volodymyr Zelenskiy. He was detained on September 2 after being named in a fraud and money-laundering case. His arrest came as Ukraine vowed to crack down on corruption amid Western criticism.