Mutual friends and borrowed cars: how Ukraine's would-be leader is linked to tycoon

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Mutual friends and borrowed cars: how Ukraine's would-be leader is linked to tycoon
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Volodymyr Zelenskiy, front runner to be the next Ukrainian president, has connec...

KIEV - Volodymyr Zelenskiy, front runner to be the next Ukrainian president, has connections to one of the country’s wealthiest tycoons that are undermining his image as an insurgent who will sweep aside the powerful moneyed elite.

The Ukrainian government has alleged that billions of dollars were fraudulently siphoned out of PrivatBank, Ukraine’s biggest lender, while Kolomoisky owned it. It has since been nationalized. Kolomoisky denied any wrongdoing. None of the evidence demonstrates that Kolomoisky is financing Zelenskiy’s campaign or influencing him.

Asked to comment on the connections documented by Reuters, Zelenskiy’s campaign did not reply. Kolomoisky did not reply to a request for comment sent to him via his 1+1 media company. Until recently Mindych shared ownership with Kolomoisky of Vision TV. In 2017 Mindych was registered as holding a 9 percent stake in Kolomoisky’s Belize offshore company, Harley Trading Limited, one of the firms via which Kolomoisky controls the 1+1 media empire.Cyprus and Ukrainian business registry records show that he is a co-owner of Cyprus-registered Green Family Ltd, founded by Zelenskiy and his partners in 2012. Zelenskiy exited the company in January this year.

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