The full bail amount has been paid for Yermak — he will be released from custody
This is reported by ‘Suspilne’, citing the press office of the High Anti-Corruption Court and Yermak’s lawyer, Igor Fomin.
Yermak’s lawyer had already reported on 15 May that all the necessary funds had been raised for Yermak. However, they could not be deposited as the banks were no longer open. Consequently, he remained in custody over the weekend.
The Andriy Yermak case: what is known
According to the investigation, Andriy Yermak is one of the figures involved in a money-laundering scheme involving funds obtained in connection with the ‘Midas’ case concerning corruption in the energy sector.
Law enforcement officials claim that between 2021 and 2025, those involved in the scheme may have laundered over 460 million hryvnias through the construction of the ‘Dynasty’ holiday village in Kozin, Kyiv Oblast. This involves four private residences and a separate communal spa area.
On 11 May, the NABU and the SAPO notified former Head of the President’s Office Andriy Yermak of their suspicions in this case. The following day, 12 May, six further individuals were notified of suspicions as part of the same proceedings, including former Deputy Prime Minister Oleksiy Chernyshov and businessman Timur Mindich.
Oleksiy Chernyshov and Timur Mindich are also implicated in the case concerning ‘Energoatom’. On the eve of the charges being announced, Mindich left for Israel. Subsequently, NABU submitted documents to have him placed on Interpol’s wanted list. The High Anti-Corruption Court ordered Chernyshov to be remanded in custody with bail set at 120 million hryvnias, which was paid in full.
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