Ukrainian oligarch seriously injured in Monaco explosion
By Zak Jackson, MonacoViews Editorial
Vadim Ermolaev, one of Ukraine's wealthiest figures and a known presence in Monte-Carlo, was seriously injured in an explosive attack in the Principality on Monday evening.
Vadim Ermolaev, the Ukrainian oligarch behind a fortune built partly on Crimean wine interests and linked to a Bentley registered in Monte-Carlo, was seriously injured on Monday evening in an explosive attack in Monaco. Monégasque authorities had not confirmed his identity by late Monday, though multiple independent sources gave consistent accounts of his involvement.
Ermolaev ranks among the largest private fortunes in Ukraine and has been a recognisable figure in the Principality for some years. The circumstances of the attack, including the location within Monaco and the method used, were not confirmed by official sources as of Monday night. The Direction de la Sûreté Publique was understood to be leading the investigation.
The incident marks an exceptionally rare act of targeted violence in one of the world's most heavily policed territories. Residents in the affected area were advised to follow updates from Monégasque authorities. MonacoViews will report further details as the official investigation progresses.