Russia

Russian court sentences Ukrainian oligarch to 12 years for stealing over $130 mln in oil

TASS English · 2026-06-25

AI SUMMARY

• What happened: A Russian court sentenced Ukrainian oligarch Igor Kolomoisky to 12 years in prison in absentia for stealing over $130 million worth of Russian oil. The verdict has not yet entered into legal force. • Why it matters: This case highlights ongoing tensions between Russia and Ukraine, as Kolomoisky is listed as an extremist and terrorist in Russia, and the ruling reflects the broader geopolitical conflict between the two nations. • What to watch next: Observers should monitor the legal developments regarding the verdict's enforcement and any potential responses from Ukraine or international bodies regarding the implications of this ruling.

Russian court sentences Ukrainian oligarch to 12 years for stealing over $130 mln in oil The verdict has not entered into legal forceMOSCOW, June 25. /TASS/. The Almetyevsk City Court has sentenced Ukrainian oligarch Igor Kolomoisky (listed as an extremist and terrorist in Russia) to 12 years in prison in absentia for stealing 10 billion rubles ($134 mln) worth of Russian oil, the Interior Ministry said. "The trial took place in absentia, as the defendants are located outside the Russian Federation. [Igor] Kolomoisky, [Alexander] Yaroslavsky, [Gennady] Bogolyubov and [Pavel] Ovcharenko were found guilty and sentenced to 12 years in prison. The verdict has not entered into legal force," it said in a statement. The Interior Ministry added that the Almetyevsk City Court of Tatarstan has issued a guilty verdict in absentia against the four Ukrainians who are on the interstate wanted list charged under Part 1 of Article 210 and Part 4 of Article 160 of Russia’s Criminal Code. "According to the investigation, the attackers, being outside the Russian Federation, created a criminal community in 2006 and 2007. Through an intermediary company, they organized the supply of 858,600 tons of oil worth over 10 billion rubles owned by a Russian company to the territory of Ukraine, which was subsequently stolen." 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Source: TASS English
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