At a session on Thursday, the Kyiv Court of Appeal partially changed the preventive measure against businessman Ihor Kolomoisky, Suspilne has reported.

"The businessman will remain in custody until December 2, and not until January 2, 2024, with an alternative bail of UAH 3.891 billion," Suspilne said.

Kolomoisky and his lawyers asked to change the preventive measure of detention to house arrest.

As reported, on October 24, the Shevchenkivsky District Court of Kyiv upheld Kolomoisky's preventive measure in the form of detention with an alternative bail of UAH 3.8 billion, not satisfying the lawyers' request to change the preventive measure to 24-hour house arrest.

Kolomoisky is suspected of fraud and embezzlement of PrivatBank funds. The Security Service of Ukraine announced suspicion against him under two articles of the Criminal Code: Article 190 (fraud), Article 209 (legalization (laundering) of property obtained by criminal means). Law enforcement officers established that the businessman during 2013-2020 legalized more than UAH 0.5 billion by transferring them abroad. At the same time, he used the infrastructure of controlled banking institutions.

According to investigators, between 2013 and 2014, Kolomoisky illegally took possession of UAH 5.8 billion. To do this, he created a criminal group consisting of employees of the bank, in which he was the founder and shareholder.

The Specialized Anti-Corruption Prosecutor's Office (SAPO) and the National Anti-Corruption Bureau of Ukraine (NABU) reported suspicions to the former ultimate beneficiary of PJSC PrivatBank Kolomoisky and five of his former top managers of embezzling bank funds worth more than UAH 9.2 billion.