Overview
- The High Anti-Corruption Court, which ruled Thursday, ordered Andriy Yermak held for 60 days and set bail at 140 million hryvnias, or about $3.1–3.2 million.
- If released on bail, the court said Yermak must surrender his passports, stay in Kyiv, avoid contact with other suspects and witnesses, report to investigators, and wear an electronic monitor.
- NABU and the Specialized Anti-Corruption Prosecutor’s Office accused Yermak on Monday of laundering roughly 460 million hryvnias through the Dynasty luxury housing project near Kyiv.
- Investigators say part of the money came from corrupt schemes at Energoatom, the state nuclear company, with funds moved through shell firms and fictitious documents tied to the real estate build.
- Yermak denies wrongdoing, says he does not have the bail money, and plans to appeal, while investigators frame the case within the wider Operation Midas probe that has implicated figures such as businessman Timur Mindich and that, they stress, does not name President Zelenskyy as a subject.