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Automatically translated version. May contain inaccuracies compared to the original.
The Podilskyi District Court of the city of Kyiv 7 August imposed a preventative measure on Ukrainian oligarch Ihor Kolomoisky, who is an accused person in the case of appropriating more than 9,2 billion hryvnias from PrivatBank.
Until 9 November 2026, the Ukrainian businessman will remain in pretrial detention.
The defense requested that Ihor Kolomoisky be allowed to undergo an examination at a medical facility due to deteriorating health. However, the judge did not grant this. The businessman will be examined in the detention center and provided with whatever assistance they can.
Ihor Kolomoisky, in turn, challenged the prosecution’s arguments regarding his case during his statement.
He asserted that he had no interest or benefit from the results of the shareholders’ meetings of Dniprospetsstal in 2003. The businessman emphasized that the company’s management composition did not change after those events. Thus the oligarch responded to the findings of the investigation, which concluded that he had demanded a lawyer change the documents on the shareholders’ meetings of the Zaporizhzhia plant for his own interests. The lawyer refused and was soon attacked. After that, he ended up in the hospital with numerous stab wounds.
He also pointed to inconsistencies in the testimony of Serhii Karpenko. In particular, he noted the “strange behavior of the alleged victim,” who, after the threats, continued to communicate and meet with him calmly without any security.
Ihor Kolomoisky also disputed businessman Vadym Shulman’s claims that they often met in Israel in 2003–2004. In particular, the oligarch presented data on his flights showing that he was in Ukraine almost all the time and attended public events.
At the end of his statement, Kolomoisky again emphasized the “staged nature” of the meetings organized by Karpenko and Myhulov and asked the court to dismiss the prosecutor’s motion.
Ultimately, the presiding judge ruled to extend Ihor Kolomoisky’s preventative measure of detention for another 60 days (until 9 October 2026 inclusive).
He may also take the opportunity to post bail in the amount of 285 subsistence minimums for able-bodied persons (948 million 480 thousand hryvnias - ed.). If the businessman finds the funds, he will be released from the detention center. But then Kolomoisky will have a number of obligations: to appear in court at first summons, not to leave Kyiv, to refrain from contacting witnesses in the case, and to surrender his foreign passports.
What you need to know about the “PrivatBank case”
According to the investigation’s version, in January–March 2015 the former owner of PrivatBank organized a “scheme” and appropriated the financial institution’s funds.
Law enforcement asserts that the scheme participants, using forged documents, artificially created the bank’s liabilities to a controlled offshore company. After that, PrivatBank transferred more than 9,2 billion hryvnias to it allegedly as part of a repurchase of its own bonds at an inflated price.
NABU notes that the operation’s purpose included, in particular, financing the controlled company and subsequently increasing the former owner’s share in the bank’s authorized capital.
Why more than 446 million hryvnias ended up on Kolomoisky’s personal account
According to the investigation, more than 446 million hryvnias of the total sum were later routed through a number of related companies under the guise of securities purchase–sale transactions. After a series of financial transactions, these funds were credited to Ihor Kolomoisky’s personal account.
Later, according to the investigation, the money was contributed to PrivatBank’s authorized capital to meet the requirements of the financial recovery and recapitalization program set by the National Bank of Ukraine. The remaining funds were disposed of at the creators’ and participants’ discretion.
Who else became an accused
In addition to the former owner of PrivatBank, five former managers and employees of the financial institution were placed under investigation as suspects and later became defendants.
They include:
They are accused of crimes under articles of the Criminal Code of Ukraine related to misappropriation of property, legalization of property obtained by criminal means, and official forgery.
How the investigation proceeded
The criminal proceeding was registered back in March 2017, and in the autumn of 2019 the investigation of the relevant episodes regarding PrivatBank was transferred to NABU.
In September 2023, Kolomoisky and five other persons were notified of suspicion in the case of appropriating more than 9,2 billion hryvnias from the bank.
In July 2025, NABU and the SAP announced the completion of the pretrial investigation and opened the materials to the defense for review. After this procedure was completed, on 6 August 2026 the indictment was sent to the court for consideration on the merits.
NABU notes that this is already the fourth episode of a large-scale investigation into the former bank management. Previous episodes concerned, among other things, the alleged embezzlement of more than 136 million hryvnias through insurance payouts, transactions of almost 8,2 billion hryvnias using a letter-of-credit scheme, and the appropriation of a further 85 million hryvnias.
The indictment for the three previous episodes was submitted to the court by NABU and the SAP back in September 2023.
At the same time, we emphasize that the case concerning more than 9,2 billion hryvnias is a separate, fourth episode and does not directly relate to the transactions of 8,2 billion hryvnias that appear in another proceeding.
In which criminal proceedings Ihor Kolomoisky is involved
The Ukrainian oligarch is currently a figure in at least several high-profile cases.
The first concerns the murder of a lawyer, from whom, according to the investigation’s version, Kolomoisky demanded changes to the documents on the shareholders’ meetings of the Zaporizhzhia plant Dniprospetsstal. We already mentioned this proceeding above.
The second concerns fraud around PrivatBank. The suspects are Ihor Kolomoisky and his business partner Hennadii Boholiubov. The investigation believed that they at one time withdrew at least tens of billions of hryvnias belonging to Ukrainians from the institution. In May 2026 the High Court of Justice in England and Wales found Kolomoisky liable and ordered him to return 3 billion dollars to Ukraine.
Kolomoisky is also accused in the case of appropriating Ukrnafta’s funds. According to the State Bureau of Investigation, in 2013–2014 an organized group he led, using fictitious documents and contracts, appropriated and laundered more than 5,3 billion hryvnias. An expert examination determined that the direct losses to Ukrnafta amounted to about 3 billion hryvnias. In September 2025 the indictment regarding Kolomoisky was sent to court.
Additionally, the U.S. Department of Justice accuses the oligarch of using funds stolen from the bank to purchase real estate and metallurgical plants in the country. Therefore, Kolomoisky has been declared wanted in the United States.
Document: PDF proof of the original version of the news item "Суд продовжив запобіжний захід Коломойському у справі про заволодіння 9,2 мільярда гривень". It records the publication content at the moment of the first scan, the preservation date and the source: HAB Media.
