Monaco Assassination Attempt Injures Ukrainian Businessman Vadym Yermolaiev

A Ukrainian‑born businessman, Vadym Yermolaiev, sustained injuries during a suspected assassination attempt in Monaco on 12 March 2024. According to reports from the Monaco police, Yermolaiev was struck by a projectile while walking near the Monte Carlo Casino, and he was immediately transported to a local hospital for treatment. The incident is under investigation by Monaco authorities, who have detained a suspect and are reviewing surveillance footage from the area.

Yermolaiev, who has long been linked to business ventures in Eastern Europe, was previously sanctioned by the Ukrainian government in 2022 for alleged involvement in illicit financial activities and for providing support to pro‑Russian entities. The sanctions, which barred him from accessing Ukrainian assets and restricted his international travel, were part of Kyiv’s broader campaign to curb the influence of individuals deemed hostile to the state. The Monaco police have not yet released details on the motive behind the attack, but Ukrainian officials have expressed concern over the safety of their nationals abroad.

The case has drawn attention from both Ukrainian and international media, highlighting the risks faced by Ukrainian business figures involved in contentious geopolitical disputes. As investigations continue, officials from both Monaco and Kyiv are monitoring the situation closely, with Ukrainian authorities urging the safety of their citizens and Monaco authorities emphasizing their commitment to public security.