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Who is Ukrainian oligarch Vadym Yermolaiev, the suspected target of the Monaco bombing?

Who is Ukrainian oligarch Vadym Yermolaiev, the suspected target of the Monaco bombing?

Summary

A bombing in Monaco injured three people and is being treated as an attempt to kill someone. Authorities suspect the target was Vadym Yermolaiev, a wealthy Ukrainian businessman known for his large construction and business activities in Ukraine, who has been sanctioned for dealings in Crimea.

Key Facts

  • A blast occurred in Monaco, injuring three people including a 13-year-old child.
  • Officials are investigating the explosion as an attempted murder.
  • Vadym Yermolaiev, a Ukrainian oligarch, is believed to be one of the wounded victims.
  • Yermolaiev has been sanctioned by Ukraine for continuing business in Crimea after Russia annexed it in 2014.
  • He built Ukraine’s largest shopping mall in Dnipro and developed various infrastructure projects there.
  • His company, Alef Group, has holdings in 19 industries, including real estate and food production.
  • Yermolaiev’s fortune was estimated at over $300 million by the mid-2010s.
  • Monaco authorities have not confirmed victim identities publicly but police are still searching for suspects.
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