You're reading: Washington Post: Justice Department accuses Ukrainian oligarch of stealing billions from bank he once owned

Washington Post: Justice Department accuses Ukrainian oligarch of stealing billions from bank he once owned

By Washington Post.

Published Aug. 6, 2020. Updated Aug. 7 at 12:02 am

Billionaire Ukrainian oligarch Ihor Kolomoisky was in demand with journalists at the Yalta European Strategy conference in Kyiv on Sept. 13, 2019. He and the YES conference sponsor, fellow billionaire oligarch Victor Pinchuk, were chummy. They seemed to have forgotten a bitter lawsuit, now settled, in which Pinchuk accused Kolomoisky of ordering murders, accusations that Kolomoisky denied.

Photo by Matthew Kupfer

The Justice Department on Thursday accused a Ukrainian oligarch who has been considered an ally of that country’s president of stealing billions of dollars from a bank he once owned, then using a vast array of companies to launder that money in the United States and all over the world.

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