Ihor Kolomoiskyi is served a new notice of suspicion: misappropriation of UAH 5.8 billion

The Security Service of Ukraine, the Bureau of Economic Security and the Prosecutor General's Office have revealed new facts of criminal activity of Ihor Kolomoiskyi: misappropriation of UAH 5.8 billion.

This was reported by the Security Service of Ukraine.

For this purpose, Kolomoisky created a criminal group consisting of Privatbank employees.

During 2013-2014, the bank's employees allowed Kolomoiskyi to allegedly make systematic fictitious cash "contributions" to the bank's cash desk, although the bank did not actually receive any contributions.

The scheme allowed Kolomoiskyi to receive a total of UAH 5.8 billion, which was worth over USD 700 million at the time. 

Then, these fake "contributions" were credited to Kolomoiskyi's personal account and became real non-cash funds. 

To legalise the virtual assets, Kolomoisky used them to pay for his business activities. In particular, he gave them as loans and used them to pay off loans to companies under his control, withdrew them abroad, cashed them in and withdrew them from bank branches. 

It will be recalled that on September 2, the SSU served Ihor Kolomoiskyi with a notice of suspicion for fraud and money laundering. The court imposed on him a two-month custody as a preventive measure with an alternative bail of over UAH 509 million. Kolomoisky's lawyers did not post bail, and the businessman decided to wait for the appeal in the pre-trial detention centre. The appeal will be heard on September 25.

The case of Ihor Kolomoiskyi is also being investigated by the NABU and the SAPO. On September 7, they served him with a notice of suspicion of misappropriation of PrivatBank's funds worth over UAH 9.2 billion.