Funds Begin Arriving for Yermak’s Massive Bail

Payments have started arriving toward the $3.5 million bail set for former Presidential Office chief Andriy Yermak, according to Ukraine’s High Anti-Corruption Court. Yermak is under investigation in a major money laundering case linked to luxury real estate construction and a broader corruption probe involving Ukraine’s energy sector. Make us preferred on Google Flip Share Facebook X (Twitter) LinkedIn Bluesky Email Copy Copied (FILES) This handout photograph released in Jeddah by the official Telegram channel of Ukraine’s Head of the Office of the President Andriy Yermak on March 11, 2025 shows Ukraine’s Head of the Office of the President Andriy Yermak (C) looking on at the beginning of the Ukrainian and US delegations meeting, amid the Russian invasion of Ukraine. A court in Kyiv on May 14, 2026, remanded in custody a powerful former aide to President Zelensky ? Andriy Yermak ? on corruption charges in a high-profile graft investigation that has rocked Ukraine. Yermak served as Zelensky’s right-hand man for most of Russia’s invasion until his resignation in November 2025, when he was implicated in a multi-million-dollar corruption scandal that hit the Ukrainian leader’s inner circle. (Photo by Handout / Telegram /@ermaka2022 / AFP) Content Share Facebook X (Twitter) LinkedIn Bluesky Email Copy Copied Flip Make us preferred on Google Payments have begun arriving toward the Hr.140 million ($3.5 million) bail set for former Presidential Office chief Andriy Yermak, RBC-Ukraine reported on Thursday, May 14. According to the High Anti-Corruption Court (VAKS), Hr.14.5 million ($348,000) has already been transferred to the court’s account. Follow our coverage of the war on the @Kyivpost_official . The court previously ordered Yermak held in custody with the option of posting bail totaling Hr.140 million ($3.5 million). Prosecutors had requested bail of Hr.180 million ($4.5 million). Yermak has been notified of suspicion in a case involving the alleged laundering of assets obtained through illegal means, according to Ukraine’s anti-corruption authorities. Investigators say law enforcement uncovered an organized group allegedly involved in laundering approximately Hr.460 million ($10.4 million) through financial transactions linked to the construction of luxury residential properties near Kyiv. According to the investigation, the scheme operated between 2021 and 2025 and centered on a luxury cottage complex called “Dynasty” in Kozyn, south of Kyiv. Authorities allege the construction project was used to legalize illicit funds through both official banking channels and large-scale cash payments to contractors and suppliers. Investigators believe roughly $10 million was laundered through the cash scheme, with some funds allegedly linked to corruption cases involving the energy sector and Energoatom. Other Topics of Interest Russia Damaged 180 Sites in Latest Attack, Zelensky Says President Volodymyr Zelensky said Russia damaged 180 sites across Ukraine during its latest large-scale attack, including more than 50 residential buildings. At least five people were killed in Kyiv, and dozens were injured nationwide as rescue operations continued following one of the war’s largest combined drone and missile assaults. How does the case connect to broader corruption probes? The case is linked to a wider investigation into an alleged $100 million kickback scheme in Ukraine’s energy sector that surfaced in late 2025 and contributed to the resignation of two ministers. The investigation also previously named businessman Timur Mindich, a former associate of President Volodymyr Zelensky, as a central figure based on wiretap recordings. Zelensky has denied involvement in the case and later imposed sanctions on Mindich after he left Ukraine in November 2025. Earlier this week, National Anti-Corruption Bureau of Ukraine (NABU) Director Semen Kryvonos said Zelensky “is not and has never been” part of the so-called “Midas” corruption investigation . Kyiv Post is Ukraine’s first and oldest English news organization since 1995. Its international market reach of 97% outside of Ukraine makes it truly Ukraine’s Global – and most reliable – Voice.