U.S. cites Ukrainian oligarch for involvement "in significant corruption"
Secretary of State Antony Blinken on Friday designated former Ukrainian billionaire and former public official Ihor Kolomoyskyy as an individual involved "in significant corruption."
Why it matters: The designation prohibits Kolomoysky and his immediate family from traveling to the U.S. and signals that the Biden administration will help Ukrainian President Volodymyr Zelenskyy in his fight against oligarchs and entrenched corruption. U.S. authorities view Kolomoyskyy as among the most powerful of the oligarchs.
A source close to Ukrainian President Zelenskyy told Axios: "The presidential administration in Kyiv is elated — this is a huge story in Ukraine."
Background: Kolomoyskyy was long seen as Zelenskyy's patron. He owns the TV station that made Zelenskyy famous and his support helped Zelenskyy land the presidency. But their relationship has soured since Zelenskyy took office and sought to crackdown on corruption.
https://www.yahoo.com/news/us-cites-ukrainian-oligarch-kolomoyskyy-143008748.html
