HACC schedules hearing on pretrial measure for Yermak

The High Anti-Corruption Court will consider the question of selecting a pretrial restraint measure for former head of the Office of the President Andriy Yermak, who has been served with a suspicion notice for money laundering. The hearing is scheduled for 16:00 at 41 Beresteiskyi Avenue. This was reported by RBC-Ukraine citing HACC.

The court will consider a motion on the selection of a pretrial restraint measure. Yermak has been served with a suspicion notice under Part 3 of Article 209 of the Criminal Code of Ukraine — legalization (laundering) of property obtained through criminal means. The sanction under this article provides for imprisonment of 8 to 12 years and confiscation of property.

The “Dynastiya” case

On May 11, NABU and SAP informed Yermak of a suspicion of money laundering through the construction of the elite “Dynastiya” residences outside Kyiv. According to investigators, the case involves the legalization of more than approximately €8.9 million at the UAH/EUR exchange rate as of the date of publication of the hryvnia portion and approximately €7.6 million of the dollar portion — in total, investigators characterize the amount as more than 460 million hryvnias, including 8.9 million US dollars.

On May 12, former Deputy Prime Minister of Ukraine Oleksiy Chernyshov and businessman Timur Mindich, as well as four other members of an organized group, also received suspicion notices. According to investigators, the group laundered funds through the construction of a cottage settlement in Kozyn, Kyiv region.