USA imposed sanctions on Ihor Kolomoyskyy over alleged corruption

The U.S. Secretary of State Antony J. Blinken announced the public designation of oligarch and former Ukrainian public official Ihor Kolomoyskyy due to his involvement in significant corruption.

Ihor Kolomoyskyy is the co-owner of Privat Group, a parent company of Dneprazot.

"In his official capacity as a Governor of Ukraine’s Dnipropetrovsk Oblast from 2014 to 2015, Kolomoyskyy was involved in corrupt acts that undermined rule of law and the Ukrainian public’s faith in their government’s democratic institutions and public processes, including using his political influence and official power for his personal benefit," the statement reads.

The Secretary of State notes that while this designation is based on acts during Ihor Kolomoyskyy time in office, Mr Blinken also wants to express concern about Kolomoyskyy’s current and ongoing efforts to undermine Ukraine’s democratic processes and institutions, which pose a serious threat to its future.

In addition to Ihor Kolomoyskyy, the following members of Ihor Kolomoyskyy’s immediate family are publicly designated: his wife, Iryna Kolomoyska, his daughter, Angelika Kolomoyska, and his son, Israel Zvi Kolomoyskyy. This action renders Ihor Kolomoyskyy and each of these members of his immediate family ineligible for entry into the United States.

"This designation reaffirms the U.S. commitment to supporting political, economic, and justice sector reforms that are key to Ukraine’s Euro-Atlantic path. The United States continues to stand with all Ukrainians whose work drives reforms forward. The Department will continue to use authorities like this to promote accountability for corrupt actors in this region and globally," the Secretary of State concludes.

In the rating of the TOP 100 wealthiest people of Ukraine compiled by the Focus magazine, Ihor Kolomoyskyy holds the 8th position.