On May 12, 2026, the HACC opened the preventive measure hearing for former Presidential Office Head Andrii Yermak, suspected of involvement in laundering UAH 460 million through elite real estate.

At today's hearing, the SAPO prosecutor opened by explaining why the suspicion is well-founded. She stated that the scheme was organized by former Deputy Prime Minister Oleksii Chernyshov, who brought both Andrii Yermak and businessman Timur Mindich into the Dynasty elite estate project. Each was assigned a separate residence: Yermak received object R2, Chernyshov — R4, and Mindich — R3. 

The investigation established that Yermak facilitated the uninterrupted financing of construction works, including through the use of cash from Mindich's so-called “laundry” — into which corrupt funds from Energoatom contractors were channeled. To maintain secrecy, he acted through intermediaries: his father Borys Yermak and his assistant Nataliia Kylymkova. In project documentation and architects' correspondence he appeared under the abbreviations “A.B.” or “R2.”

The prosecutor presented evidence that design work alone for two of the houses cost over $735,000 and $178,000 respectively, with total investment in Yermak's residence reaching approximately $1.9 million. 

The hearing also identified other suspects by name: Serhii Seranchuk (director of the Sunny Shore housing cooperative, who managed construction), Liliia Lysenko, Hennadii Opalchuk, and Maryna Medvedieva (who coordinated other participants on Chernyshov's instructions). Lysenko and Opalchuk were co-founders of the Sunny Shore cooperative and conducted financial transactions to create the appearance of legitimate funds.

According to the investigation, construction was financed through three channels: 

• contributions to the Sunny Shore cooperative disguised as income of front persons from purported services, goods sales, and investment activity — including securities transactions — involving companies bearing signs of fictitiousness;

• cash from Mindich's criminal organization, which accounted for 72% of total construction financing; 

• cash of unestablished origin. 

After the scheme was exposed in 2025, Mindich attempted to mothball construction and transfer assets to front persons to avoid seizure — a plan thwarted by HACC's asset freeze order.

In substantiating the flight and obstruction risks, the prosecutor noted that Yermak holds four diplomatic passports and has substantial resources to evade justice. Concealment measures were also documented: deletion of data from contractors' phones, disappearance from state systems of records of Yermak's border crossings, and the absence from registries of his Mercedes — which does appear in his asset declaration.

The investigation also uncovered plans to influence the appointment of SSU and Prosecutor General's Office leadership, and documented pressure applied to an expert who conducted an inspection of the Dynasty residence. On these grounds, and given that the suspect's official income does not correspond to his expenditures, the prosecution is seeking pre-trial detention with a UAH 180 million bail alternative. 

The hearing has been adjourned until 12:00 tomorrow, May 13. The defense must review the materials by then. Tomorrow the prosecutor will introduce an additional volume of materials in a closed session, after which Yermak's defense will present its arguments.