The High Anti-Corruption Court has approved a settlement agreement with the former head of the Poltava region’s road authority: six flats and a house are to be confiscated
The High Anti-Corruption Court handed down its verdict on 23 June 2026. Oleksiy Basan was found guilty of laundering property obtained by criminal means on a particularly large scale, as well as of providing knowingly false information in his electronic declaration.
The court sentenced him to eight years’ imprisonment. At the same time, Basan was granted a suspended sentence and a probation period of three years was set.
Furthermore, he was barred from holding relevant public office for a period of three years.
What is to be confiscated in the Basan case
One of the main conditions of the plea agreement was the special confiscation of part of the property which, according to the case file, effectively belongs to Oleksiy Basan and his relatives.
The list of confiscated assets includes:
the equivalent value of a residential property in the suburbs of Poltava with an area of over 200 square metres;
property rights to six flats in blocks of flats in Poltava;
a jet ski with a trailer.
The house in question had a swimming pool, a garage, a security building and an adjoining plot of land.
Basan also undertook to transfer 20,000 USDT in crypto-assets to the account of the ‘Sternenko Community’ charitable foundation for the needs of the Ukrainian Defence Forces.
A key condition of the agreement was that Oleksii Basan provided the NABU and the SAPO with information relevant to the work of the anti-corruption authorities.
The article in ‘Poltavshchyna’ notes that the case was investigated without establishing a predicate offence. In other words, no specific offence from which the funds used to purchase the assets and cryptocurrency might have been derived was identified.
What Oleksiy Basan said
Oleksiy Basan, who is currently serving in the Armed Forces of Ukraine, told journalists in Poltava that he had knowingly agreed to the plea bargain.
According to him, on the first day of the full-scale invasion, he resigned from his post as director of the state-owned enterprise ‘Poltava Regional Local Roads Agency’ and was mobilised into the Armed Forces of Ukraine.
Basan also stated that he agreed to the plea bargain so that his family would “cease to be hostages to the struggle”, which, he said, concerns only him.
A plea agreement means that the defendant admits guilt and agrees to the conditions set by the court. In this case, this allowed the court to impose a sentence without a full trial of all the charges under the standard procedure.
For the state, the key outcome is the special confiscation of assets and an additional transfer of funds to the Defence Forces. For Basan, it means a probationary period instead of actually serving an eight-year prison sentence, provided he fulfils the obligations set by the court.
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