Yermak has been remanded in custody: The High Anti-Corruption Court set bail at 140 million hryvnias
14 May 09:20
The High Anti-Corruption Court has ordered that Andriy Yermak, the former head of the Office of the President, be held in custody as a preventive measure. The court set bail at 140 million hryvnias as an alternative. This was reported by "Komersant Ukrainian", citing the High Anti-Corruption Court’s ruling.
Yermak is suspected in a case involving the laundering of 460 million hryvnia during the construction of an elite residential complex in Kozin, near Kyiv.
What decision did the High Anti-Corruption Court make?
The High Anti-Corruption Court imposed a pretrial detention measure on Andriy Yermak for a period of 60 days.
At the same time, the court allowed for the possibility of posting bail in the amount of 140 million hryvnias.
If bail is posted, Yermak is required to appear upon the request of the investigator, detective, prosecutor, or court, and to report any change of residence. He is also prohibited from leaving Kyiv without permission and must surrender his passports for travel abroad and diplomatic documents.
He must refrain from communicating with suspects in the criminal proceedings, namely Chernyshov, Mindich, Lysenko, Opalchuk, Siranchuk, Medvedeva, as well as witnesses Martynkevich, Yatsyk, Ogorodnik, Kvelenkova, Nikolaenko, Nikolaenko, Novikova, Chernyshova, Abramov, Anikievich, Ratkovska, Naumenko, and Bobrovska. Yermak will also be required to wear an electronic monitoring device.
The decision was announced by VAKS Investigating Judge Viktor Nogachevsky.
How much bail did the prosecution request?
The prosecution asked the court to impose a preventive measure on Yermak in the form of detention with an alternative bail of 180 million hryvnias.
The defense, on the other hand, requested that the court either refuse to impose a preventive measure or set bail while allowing Yermak to travel within Ukraine.
Ultimately, the court set a lower bail amount—140 million hryvnias.
In which case is Yermak involved
NABU and the SAP announced the exposure of a group that may have been involved in the laundering of approximately 460 million UAH through luxury construction projects near Kyiv. As part of this investigation, the former head of the Office of the President of Ukraine was reportedly served with a notice of suspicion.
According to investigators, the individuals involved in the project allegedly planned to build several residences for their personal use.
To conceal the origin of the funds, investigators say, they may have used the “Sunny Beach” cooperative and cash of illegal origin.
What Yermak said earlier
Earlier, Andriy Yermak stated that he considers the notice of suspicion to be unfounded. He also said that he would defend his rights, name, and reputation exclusively within the framework of Ukrainian law.
During the court proceedings, Yermak told reporters that he did not have the 180 million hryvnias required for the bail initially requested by the prosecution.
Following the High Anti-Corruption Court’s decision, in a comment to the press broadcast by Suspilne, Yermak said he did not have 140 million for bail. But he has many friends and acquaintances who could likely help.
“You’ve heard the decision. I stand by my position and deny all charges. There is a court decision; I will continue to fight, and I am staying in Ukraine. I think we’ll talk at the earliest opportunity; the trial will continue. I have nothing to hide,” he said.
Yermak added that his legal team will most likely file an appeal. He believes the trial against him is being conducted under pressure.
NABU Raids and the “Midas” Case: What Is Known
On November 28, 2025, detectives from the National Anti-Corruption Bureau of Ukraine (NABU) and prosecutors from the Specialized Anti-Corruption Prosecutor’s Office (SAPO) conducted searches at the office of Andriy Yermak, then-head of the Office of the President.
On the same day, Yermak submitted his resignation, which was signed by the president.
The searches may have been related to the investigation of the so-called “Midas case,” which concerns possible corruption schemes in the energy sector. As part of this investigation, investigators are examining the activities of a number of former high-ranking officials and businessmen, including Timur Mindich, co-owner of the “Kvartal-95” studio.
However, the president emphasized that this particular investigation was not the reason for the personnel decision.
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