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The statement has been released by the U.S. Embassy in Ukraine.

"Today, I am announcing the public designation of oligarch and former Ukrainian public official Ihor Kolomoyskyy due to his involvement in significant corruption. In his official capacity as a Governor of Ukraine's Dnipropetrovsk Oblast from 2014 to 2015, Kolomoyskyy was involved in corrupt acts that undermined rule of law and the Ukrainian public's faith in their government's democratic institutions and public processes, including using his political influence and official power for his personal benefit," Blinken said.

According to the statement, while this designation is based on acts during Kolomoyskyy's time in office, Blinken also expressed concern about Kolomoyskyy's current and ongoing efforts to undermine Ukraine's democratic processes and institutions, which pose a serious threat to its future.

Blinken said that this designation is made under Section 7031(c) of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2020.

"In addition to Ihor Kolomoyskyy, I am publicly designating the following members of Ihor Kolomoyskyy's immediate family: his wife, Iryna Kolomoyska, his daughter, Angelika Kolomoyska, and his son, Israel Zvi Kolomoyskyy. This action renders Ihor Kolomoyskyy and each of these members of his immediate family ineligible for entry into the United States," Blinken said.

He noted that this decision reaffirms the U.S. commitment to supporting political, economic, and justice sector reforms that are key to Ukraine's Euro-Atlantic path.

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