Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Ukrainian-Jewish Billionaire Igor Kolomoisky sues Russia

AMSTERDAM — Ukrainian-Jewish billionaire Igor Kolomoisky sued Russia in an international court over his inability to operate an airport in Crimea.

The Permanent Court of Arbitration, a Hague-based intergovernmental organization with 117 member states, announced Wednesday that it would review the lawsuit, Reuters reported.

Kolomoisky, a Ukrainian nationalist who funded military actions in the Ukraine-Russia conflict, and Aeroport Belbek sued the Russian Federation for compensation over what they say is their exclusion from operating a commercial passenger terminal at Sevastopol International Airport.

Russia invaded and annexed Crimea last year. Kolomoisky is wanted for questioning in Russia in connection with accusations that he is responsible for war crimes – a charge he has denied. Kolomoisky has accused Russia of crimes against humanity.

At the Hague-based court, the claimants say Russia deprived them of their right to operate a passenger terminal at the airport and thus Russia had violated a bilateral investment treaty. Kolomoisky’s company held a contract to operate a passenger terminal at Sevastopol Airport until 2020. He wants Russia to compensate him for income lost after he was deprived of use of the facility.

Kolomoisky has estimated his losses linked to the airport, near Belbek in Crimea, at $15 million, according to Ukrainian media reports.

Russia annexed Crimea following the ousting in a revolution of the government of Viktor Yanukovych, who critics accused of corruption and being a Kremlin stooge. After his ousting, a revolutionary government appointed Kolomoisky to serve as governor of the strategic Dnepropetrovsk region in Ukraine’e east, but he was removed last year amid a dispute with Ukraine’s new president, Petro Poroshenko.

Separately, Kolomoisky’s former deputy governor, Gennady Korban, who also is Jewish, is standing trial in Kiev for allegedly orchestrating abductions of political rivals and fraud. Korban denies any wrongdoing.

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning journalism this Passover.

In this age of misinformation, our work is needed like never before. We report on the news that matters most to American Jews, driven by truth, not ideology.

At a time when newsrooms are closing or cutting back, the Forward has removed its paywall. That means for the first time in our 126-year history, Forward journalism is free to everyone, everywhere. With an ongoing war, rising antisemitism, and a flood of disinformation that may affect the upcoming election, we believe that free and open access to Jewish journalism is imperative.

Readers like you make it all possible. Right now, we’re in the middle of our Passover Pledge Drive and we still need 300 people to step up and make a gift to sustain our trustworthy, independent journalism.

Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly. 

— Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Only 300 more gifts needed by April 30

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.