“Back Office” Activities to Misappropriate Ukrzaliznytsia Funds: HACC Approves Plea Agreement with Shylo's Accomplice, Realtor Oleksandr Liskovatskyi

“Back Office” Activities to Misappropriate Ukrzaliznytsia Funds: HACC Approves Plea Agreement with Shylo's Accomplice, Realtor Oleksandr Liskovatskyi
“Back Office” Activities to Misappropriate Ukrzaliznytsia Funds: HACC Approves Plea Agreement with Shylo's Accomplice, Realtor Oleksandr Liskovatskyi

On October 1, 2026, the HACC approved another plea agreement in the case of Artem Shylo, former adviser to the Office of the President of Ukraine, and his accomplices, who are charged with misappropriating funds from Ukrzaliznytsia JSC and legalizing property obtained through crime. This time it concerned Oleksandr Liskovatskyi, a realtor charged with legalizing unlawfully acquired property.

Liskovatskyi was sentenced to five years' imprisonment with a three-year ban on working in real estate, without confiscation of property. Under Article 75 of the Criminal Code, he was released from serving the sentence on probation, with a probation period of three years.

At the hearing, the prosecution outlined Liskovatskyi's role in the scheme. According to the investigation, he found bank accounts for Artem Shylo, searched for properties at artificially understated prices, drew up the corresponding contracts recording the understated value, and held meetings with the nominal owners of the property.

In particular, Liskovatskyi arranged the search for premises and the signing of contracts on Tarasivska Street; the registration of two apartments on Pankivska Street in the names of front persons and their later re-registration to a company; and the sale and purchase of four apartments on Mykhaila Drahomyrova Street in Kyiv in the names of nominal owners.

The prosecutor stated that the defendant had given incriminating testimony against members of the scheme, Artem Shylo among them, and had undertaken to testify in court in related cases.

The prosecutor also stressed that this is the first time a realtor has been held liable under Article 209 of the Criminal Code as a primary financial monitoring entity. He emphasized that the defendant acted for nothing more than a standard realtor's commission and received no other benefit.

The mitigating factors taken into account were sincere remorse, a clean criminal record, a young child born in 2023, bail already posted in April 2025, and an undertaking to transfer UAH 2 million within six months to the Come Back Alive foundation to purchase reconnaissance and strike drones.

The hearing was partly closed while banking and other confidential information was being disclosed.