Sanctions and Legal Actions In Ukraine: Kyivstar, Kolomoisky, and Policy Debates

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According to Economic Pravda, Rostislav Shurma, the deputy head of the Ukrainian President’s office, indicated a strong likelihood of imposing sanctions on Kyivstar, one of the nation’s largest mobile operators. He added that there is a potential for government seizure of the company, and officials are reviewing the matter from a legal standpoint with the help of relevant services and counsel.

A court in Kyiv previously detained businessman Igor Kolomoisky on charges of fraud and money laundering. If convicted on each count, the penalties could reach up to 12 years in prison with asset confiscation. The bail set for Kolomoisky was 509 million hryvnia, approximately 13.7 million dollars, but the businessman declined to pay this amount.

On November 15, the appeal court effectively closed the case in line with Kolomoisky’s claims.

Kolomoisky has previously held a position in the Ukrainian presidential administration under Andriy Yermak. The broader discussion encompassed increasing sanction pressure on Russia, a topic raised in sessions at the United States State Department.

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