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Automatically translated version. May contain inaccuracies compared to the original.
Podilskyi District Court of Kyiv 7 August selected a preventive measure for Ukrainian oligarch Ihor Kolomoyskyi, who is being prosecuted in the case of obtaining more than 9,2 billion hryvnias for PrivatBank.
Until 9 November 2026 of the year, the Ukrainian businessman will remain in pretrial detention.
The defense asked to allow Ihor Kolomoyskyi to undergo examination in a medical facility due to deteriorating health. However, the judge did not grant it. The businessman will be examined in the pretrial detention center and will receive whatever help they can provide.
Ihor Kolomoyskyi, in turn, challenged the prosecution's arguments regarding his case.
He claimed that he had no interest or benefit from the results of the shareholders' meeting of Dniprostal in 2003 year. The businessman emphasized that the composition of the management did not change after these events. Thus the oligarch replied to the investigation, which established that he demanded a lawyer to change the documents about the shareholders' meeting of the Zaporizhzhia plant in his own interests. The lawyer refused and soon he was attacked. After that he ended up in hospital with multiple stab wounds.
He also pointed to inconsistencies in the testimony of Serhiy Karpenko, noting the "strange behavior of the supposed victim" who, after threats, continued to calmly communicate and meet with him without any security.
Ihor Kolomoyskyi also refuted Vadym Shulman’s statements that they often met in Israel in 2003 – 2004 years. In particular, the oligarch disclosed data about his flights that confirm he spent almost all the time in Ukraine and attended public events.
At the end of his statement, Kolomoyskyi again stressed the "stage-managed nature" of meetings organized by Karpenko and Migulov and asked the court to deny the prosecutor's motion.
Ultimately, the presiding judge ruled to extend Ihor Kolomoyskyi's preventive measure of detention for another 60 days (until 9 October 2026 year inclusive).
He also may submit a bail request in the amount of 285 subsistence minimums for able-bodied persons (948 mln 480 thousand hryvnias - editorial note). If the businessman finds funds for it, he will be released from the pretrial detention center. But then Kolomoyskyi will have a number of obligations: to appear in court at the first summons, not to leave Kyiv, to refrain from communicating with witnesses in the case, and to surrender his foreign passports.
What you need to know about the PrivatBank case
According to the investigation, in January–March 2015 year the former owner of PrivatBank organized a "scheme" and embezzled funds of the financial institution.
According to law enforcement, participants in the "scheme" with the help of forged documents artificially created an obligation of the bank to a controlled offshore company. After that PrivatBank transferred to it over 9,2 billion hryvnias supposedly within the buyback of its own bonds at an inflated price.
In the NBU’s (National Bank of Ukraine) view, the operation's aim included financing the controlled company and further increasing the former owner's share in the bank's authorized capital.
Why more than 446 million hryvnias returned to Kolomoyskyi's personal account
According to the investigation, more than 446 million hryvnias from the total amount were later routed through a number of related companies under the guise of securities transactions. After a series of financial operations, these funds ended up on Ihor Kolomoyskyi's personal account.
Subsequently, according to the investigation, the money was contributed to PrivatBank's charter capital to satisfy the requirements of the financial recovery and recapitalization program established by the National Bank of Ukraine. The rest of the funds were disposed of by the creators and participants of the scheme at their own discretion.
Who else ended up among the accused
Apart from the former PrivatBank owner, five former executives and employees of the financial institution were under investigation as suspects, and later became defendants.
It concerns:
They are accused of crimes under articles of the Ukrainian Criminal Code related to appropriation of property, laundering of property obtained by crime, and official forgery.
How the case was investigated
The criminal proceeding was registered in March 2017 year, and in autumn 2019 year the investigation of the relevant episodes regarding PrivatBank was transferred to NABU.
In September 2023 year Kolomoyskyi and five other individuals were informed of suspicion in the case of embezzling more than 9,2 billion hryvnias of the bank.
In July 2025 year NABU and SAP announced the completion of the pre-trial investigation and provided materials to the defense for review. After this procedure, 6 August 2026 year the indictment was sent to the court for substantive consideration.
NABU notes that this is the fourth episode of a large-scale investigation into the bank's former management. Earlier episodes involved, among other things, alleged misappropriation of over 136 million hryvnias through insurance payouts, operations of nearly 8,2 billion hryvnias using a letter-of-credit scheme, and embezzlement of more than 85 million hryvnias.
The indictment for the three previous episodes was sent to the court in September 2023 year.
We note that the case involving more than 9,2 billion hryvnias is separate, the fourth, and does not directly concern operations on 8,2 billion hryvnias, which are in another proceeding.
In which criminal proceedings is Ihor Kolomoyskyi involved
Currently, the Ukrainian oligarch is a figure in several high-profile cases.
The first concerns the murder of a lawyer whom, according to the investigation, Kolomoyskyi demanded to change documents about the shareholders' meeting of Zaporizhzhia’s Dniprostal plant. We already mentioned this case above.
The second concerns manipulations around PrivatBank. Suspects are Ihor Kolomoyskyi and his business partner Hennady Boholyubov. The investigation believed they at one time withdrew tens of billions of hryvnias from the financial institution. In May 2026 year the High Court of Justice in England and Wales found Kolomoyskyi guilty and ordered him to return to Ukraine 3 billion dollars.
Kolomoyskyi is also charged in the case concerning embezzlement of funds of Ukrnafta. According to BEE (Bureau of Economic Security), in 2013 – 2014 years he organized a group using fake documents and contracts to steal and launder more than 5,3 billion hryvnias. Forensic examination determined that the direct losses to Ukrnafta amounted to about 3 billion hryvnias. In September 2025 year the indictment against Kolomoyskyi was transferred to the court.
It is worth adding that the U.S. Department of Justice also accuses the oligarch of using bank funds stolen to purchase real estate and steel plants in the country. Therefore in the United States Kolomoyskyi has been placed on the wanted list.
Document: PDF proof of the original version of the news item "Суд подовжив дію запобіжного заходу для Коломойського у справі щодо привласнення 9,2 мільярда гривень". It records the publication content at the moment of the first scan, the preservation date and the source: Rozsliduvach.
