Kolomoisky left in custody as appeal is rejected

A court of appeal has left former PrivatBank shareholder Ihor Kolomoisky in custody.

Kolomoisky's lawyer, Oleksandr Lysak, told this to an Ukrinform correspondent.

He confirmed that Kolomoisky will remain in custody and noted that the decision was made "outside the validity period of the ruling."

"Today, the court considered the appeal against a ruling issued by the Pecherskyi District Court back on August 25, and the validity period of that ruling expired on October 18," the lawyer said.

On September 7, 2023, the National Anti-Corruption Bureau of Ukraine (NABU) charged former ultimate beneficial owner of PrivatBank Ihor Kolomoisky and five members of an organized group he allegedly led with the embezzlement of more than UAH 9.2 billion from the bank.

On September 23, 2025, prosecutors from the Prosecutor General's Office sent an indictment to court against Kolomoisky, a former shareholder of PrivatBank, as well as the former head of the bank's Kyiv branch. Materials concerning five other members of the group were separated into individual criminal proceedings.

In addition, on September 2, 2023, the Bureau of Economic Security and the Security Service of Ukraine served Kolomoisky with a suspicion notice under Articles 190 (fraud) and 209 (legalization (laundering) of proceeds obtained through criminal activity) of the Criminal Code.

Kolomoisky is accused of laundering more than UAH 500 million between 2013 and 2020 by transferring the funds abroad using the infrastructure of banking institutions under his control.

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