Ukraine president's oligarch link is a vulnerability

Significance

Such statements are meant to dispel the impression that President Volodymyr Zelensky's government and circle of advisers are influenced by billionaire Ihor Kolomoisky. This perception has been amplified by recent events, including the first public clash within the pro-Zelensky parliamentary majority in the legislature. Zelensky's camp is riven by multiple interests and influences.

Impacts

• Zelensky's credibility has suffered from his submissive comments in the now infamous July phone call with US President Donald Trump.
• Returning Privatbank to its former owners, or agreeing to compensate them, would harm Ukraine's relations with the IMF.
• Divisions within the ruling party faction could lead to disintegration, eventually forcing Zelensky to call early elections.