Yermak released after full bail payment, reports say

Yermak released after full bail payment, reports say

Photo: Getty Images

According to media reports, the full bail amount for former head of the Presidential Office Andriy Yermak — who is suspected of laundering money on an especially large scale — has been paid, allowing for his release from pre-trial detention.

Ukrainian outlet hromadske, citing information from the High Anti-Corruption Court, reported that the required bail of 140 million hryvnias was fully collected. Court officials noted that while payments could be made over the weekend, verification of funds occurs only on working days, meaning Yermak spent four days in detention.

Journalist Mykhailo Tkach from Ukrainska Pravda reported that around 200 separate payments were made toward the bail, including some contributions as small as one kopeck. In total, more than 154 million hryvnias was reportedly transferred.

Among the contributors:

  • 8 million hryvnias came from Yermak’s former business partner and lawyer Roza Tapanova;
  • former Ukraine national football team head coach Serhii Rebrov reportedly contributed 30 million hryvnias;
  • 9.8 million hryvnias came from the company Miralif;
  • Yermak’s lawyer Ihor Fomin contributed 5 million hryvnias;
  • lawyer and former Asters partner Serhii Svyryba added 6.5 million hryvnias.

Yermak’s defense claimed the necessary amount had already been raised on May 15, but banking procedures and financial monitoring delayed the transfer.

He is suspected under Part 3 of Article 209 of Ukraine’s Criminal Code, related to the alleged laundering of 460 million hryvnias through elite real estate construction near Kyiv.

The case also involves former Deputy Prime Minister Oleksii Chernyshov, businessman Timur Mindich, and several other individuals linked to the investigation.

According to investigators, the funds were allegedly used in the construction of four residential buildings in Kozyn near Kyiv through fictitious companies, cash flows linked to corruption schemes, and money of unidentified origin. The investigation is part of Operation “Midas,” uncovered by Ukraine’s National Anti-Corruption Bureau in November 2025.

On May 14, the High Anti-Corruption Court ordered Yermak held in custody for 60 days with the option of bail set at 140 million hryvnias. Under the bail conditions, he must surrender his foreign passports and wear an electronic monitoring bracelet.

banner

SHARE NEWS

link

Complain

like0
dislike0

Comments

0

Similar news

Similar news

Photo: Getty Images US President Donald Trump held a tense conversation with Israeli Prime Minister Benjamin Netanyahu on Tuesday, exposing deep differences over the future course of the war with Ir

Photo: Office of the President of Ukraine According to the presidential adviser, Lukashenko should be judged by his actions rather than his words. Belarusian leader Alexander Lukashenko said he is

Photo: EPA The leaders’ summit of the group is scheduled for June 15–17 in France. Syria will take part in the G7 summit in France next month as a guest country. Damascus will be represented by Syr

Photo: Getty Images The Appeals Chamber of the High Anti-Corruption Court (HACC) reviewed the complaint filed by former Head of the Presidential Office Andriy Yermak regarding the preventive measure

Photo: Bundeskanzler Friedrich Merz/Х German Chancellor Friedrich Merz has sent a letter to EU leaders proposing a new “associated member” status for Ukraine within the European Union, according to

Photo: ZN Xi Jinping is increasingly shaping a new global order by exploiting the weakening position of the United States, Russia’s war against Ukraine, and China’s strategic partnership with Vladim

Photo: EPA Vladimir Putin once again failed to secure Chinese approval for the construction of the “Power of Siberia 2” gas pipeline during his latest visit to Beijing, according to a report by The

Photo: Getty Images NATO Secretary General Mark Rutte said Russia would face “devastating consequences” if it decided to use nuclear weapons against Ukraine. Speaking at a press conference in Bruss