Andriy Yermak, the former head of Ukraine’s Presidential Office, has made his first statement regarding allegations of involvement in a money laundering scheme linked to luxury construction projects. Yermak indicated that he would provide further comments once the investigative actions are concluded.
When pressed by journalists about the “Dynasty” cooperative, Yermak asserted that he does not own any private houses, claiming he possesses only one apartment.
Addressing rumors about his alleged presence on recordings involving Timur Mindich under the alias “Surgeon,” Yermak stated, “My name is Andriy Yermak; I have no other name.”
On May 11, reports emerged indicating that the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAP) were conducting investigations involving Yermak. Videos surfaced showing him in central Kyiv accompanied by law enforcement officials.
In a related announcement, NABU and SAP disclosed that they had uncovered a group involved in the laundering of 460 million hryvnias through elite construction projects near Kyiv. Yermak has been named as a suspect in this case.
While law enforcement agencies have not publicly confirmed the identity of the suspect, sources from RBC-Ukraine have indicated that it refers to Yermak.
According to case documents, the “Dynasty” project, which began in 2020, allegedly involved figures such as former Deputy Prime Minister Oleksiy Chernyshov, businessman Timur Mindich, and Yermak himself. Investigators believe the participants intended to construct four residences for personal use, utilizing the “Sunny Beach” cooperative and cash of illicit origin to obscure the source of the funds.
Andriy Yermak, former chief of Ukraine's Presidential Office, has responded to allegations of money laundering linked to luxury construction projects. He maintains his innocence while investigations continue.