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Yermak Suspected in $10.5 Million Kyiv Housing Laundering

5/12/2026

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Yermak Suspect

Investigators say the alleged money-laundering scheme moved roughly $10.5 million through an elite housing development outside Kyiv.
Ukraine’s anti-graft agencies have named former presidential chief of staff Andriy Yermak as a suspect, keeping him under investigation.
Andriy Yermak told Radio Liberty he does not own property in the development, no comment.
Communications adviser Dmytro Lytvyn said procedural actions are ongoing, limiting officials’ ability to comment.

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Yermak Suspected

Operation Midas collected 1,000 hours of wiretaps, and leaked recordings have kept the scandal in public view.
Andriy Yermak, chief of staff to President Volodymyr Zelenskiy, was served a notice of suspicion for a 460-million-hryvnia luxury-construction scheme.
Ukraine’s National Anti-Corruption Bureau and Special Anti-corruption Prosecutor announced the probe and the suspicion notice.
It follows a November probe that uncovered $100 million nuclear-company embezzlement, prompting ministers to resign.

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Yermak Suspect

Investigators say the alleged money-laundering scheme moved roughly $10.5 million through an elite housing development outside Kyiv.
Ukraine’s anti-graft agencies have named former presidential chief of staff Andriy Yermak as a suspect, keeping him under investigation.
Andriy Yermak told Radio Liberty he does not own property in the development, no comment.
Communications adviser Dmytro Lytvyn said procedural actions are ongoing, limiting officials’ ability to comment.

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