Overview
- Jermak was released on bail by the Supreme Anti-Corruption Court under conditions that include a ban on leaving Ukraine.
- Supporters in Kyiv reportedly collected the €2.72 million bail set by the court.
- The court had ordered 60 days of pre-trial detention last week, and Jermak spent several days in custody before the bail ruling.
- Prosecutors allege he helped launder nearly €9 million tied to a luxury building project near Kyiv, but Jermak denies wrongdoing and his lawyer says no evidence has been shown.
- The case has sparked intense political scrutiny in Ukraine, with commentary noting it reflects on President Zelenskyy and follows earlier, since-reversed moves seen as limiting anti-corruption agencies’ independence.