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Former Ukrainian Presidential Office Chief Yermak Detained With $3.5 Million Bail Option

A Ukrainian court on Thursday ordered former Presidential Office head Andriy Yermak held in custody with the option of posting 140 million hryvnias ($3.5 million) in bail, according to RBC-Ukraine. Prosecutors had sought bail of 180 million hryvnias. Ukraine’s anti-corruption authorities said Yermak

Kyiv Post

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14 maggio 2026

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A Ukrainian court on Thursday ordered former Presidential Office head Andriy Yermak held in custody with the option of posting 140 million hryvnias ($3.5 million) in bail, according to a broadcast of the hearing cited by RBC-Ukraine.

Prosecutors had requested that Yermak be detained with bail set at 180 million hryvnias, the report said.

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Andriy Yermak, has been notified of suspicion in a case involving the alleged laundering of assets obtained through illegal means, Ukraine’s anti‑corruption authorities said.

In November, Yermak resigned following a raid on his home by the country’s anti-corruption authorities.

According to investigators, law enforcement agencies uncovered the activities of an organized group allegedly involved in laundering approximately Hr.460 million ($10.4 million) through financial transactions linked to the construction of elite residential properties near Kyiv.

Authorities said Yermak is suspected under Part 3 of Article 209 of Ukraine’s Criminal Code, which covers the legalization (laundering) of proceeds obtained through criminal activity on a large scale or by an organized group, according to Mezha.

“Dynasty” luxury estate under investigation

According to investigators, the scheme ran between 2021 and 2025 and centered on a luxury cottage complex called “Dynasty” in Kozyn, a wealthy suburb south of Kyiv.

The project included four private residences and a shared spa area built on an 8-hectare (20-acre) site. To hide ownership, participants allegedly used coded labels such as R1, R2, R3, and R4.

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While presented as a legitimate luxury development, authorities say the construction itself was used to launder illicit funds.

According to the case file, money was moved through two parallel channels. One involved a housing construction cooperative that processed funds through official bank accounts, creating the appearance of lawful investment in real estate.

The second involved large cash injections into construction spending through intermediaries, including payments to workers and suppliers.

In total, around $10 million is believed to have been laundered through this cash route, with funds allegedly linked in part to corruption schemes in the energy sector, including Energoatom-related cases.

The case is linked to a broader investigation into an alleged $100 million kickback scheme in Ukraine’s energy sector, according to investigators. The kickback scheme surfaced at the end of 2025 and led to the resignation of two Ukrainian ministers.

Mindich, a former business associate of President Volodymyr Zelensky, was named as a central figure in the case based on wiretap recordings. Zelensky has denied involvement and issued sanctions against Mindich, who left Ukraine in November 2025.

Zelensky “is not and has never been” part of the “Midas” corruption investigation, according to Ukraine’s anti-graft agencies.

Semen Kryvonos, the director of the National Anti-Corruption Bureau of Ukraine (NABU), made the comments during a joint briefing with Specialized Anti-Corruption Prosecutor’s Office (SAPO) head Oleksandr Klymenko on Tuesday, May 12.