A former member of parliament accused of money laundering involving nearly 20 million hryvnias has been extradited from Germany
The competent authorities of the Federal Republic of Germany have handed over to the Ukrainian law enforcement agencies a former Member of Parliament of the 8th convocation, who, following the notification of suspicion in 2023, left Ukraine, went into hiding abroad and was placed on an international wanted list.
According to the investigation, in 2017, members of an organised group carried out a scheme to manipulate domestic government bonds. Professional stock market participants carried out cyclical trading operations involving the purchase and sale of securities, artificially generating investment profits which, under the law, were not subject to taxation.
Investigators believe that the former MP, who previously held the post of deputy chair of the parliamentary committee on financial policy and banking, was one of the ultimate beneficiaries of this scheme. According to law enforcement, he consequently illegally obtained and laundered nearly 20 million hryvnias.
In 2023, the group’s members were served with notices of suspicion. Following this, the former MP remained abroad. At the end of 2025, he was arrested in Germany.
On 13 July, the suspect was handed over to the Ukrainian authorities at the ‘Krakivets–Korchova’ international border crossing. Pursuant to a ruling by the Pechersk District Court of Kyiv, he was detained and remanded in custody.
The former Member of Parliament is charged under Part 5 of Article 27, Part 2 of Article 222-1 and Part 3 of Article 209 of the Criminal Code of Ukraine.
In February 2026, law enforcement agencies completed the pre-trial investigation and referred the indictment against the former Member of Parliament and other members of the group to court. The trial is currently ongoing.
The investigation was carried out by operatives from the National Police’s Department of Strategic Investigations, in conjunction with investigators from the Main Investigative Directorate of the State Bureau of Investigations and the Office of the Prosecutor General, and in cooperation with the National Securities and Stock Market Commission.
In accordance with Article 62 of the Constitution of Ukraine, a person is presumed innocent of a crime until their guilt has been proven in accordance with the law and established by a court conviction.
