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Yermak Appears in Court After Being Named Suspect in 460 Million-Hryvnia Laundering Case

The case tests Ukraine’s anti-corruption credentials with its allies.

Overview

  • Ukraine’s anti-corruption bodies said late Monday that the former head of the president’s office is a suspect in laundering 460 million hryvnias through luxury construction near Kyiv, a figure widely identified by media as Andriy Yermak.
  • Yermak appeared in a Kyiv court Tuesday as prosecutors sought custody with bail of about 180 million hryvnias, and he said he owns only one apartment and one car.
  • Investigators link the suspicion notice to Operation Midas, a probe into alleged $100 million kickbacks at state nuclear firm Energoatom that were routed into the Dynastia housing project in Kozyn.
  • NABU’s director said President Volodymyr Zelenskyy is not a subject of the pretrial investigation, which remains active.
  • Other figures have been charged, detained, or fled, including ex–energy minister Herman Halushchenko and businessman Tymur Mindich, in a scandal that could complicate EU accession efforts and support from Western partners.