$3.2M Bail Paid for Ex-Presidential Office Head Yermak in Ukraine Corruption Case

The Hr.140 million ($3.2 million) bail set for former Presidential Office head Andriy Yermak has been fully paid, according to Ukraine’s High Anti-Corruption Court on Monday. Investigators accuse Yermak of involvement in a Hr.460 million ($10.4 million) money laundering scheme linked to luxury real estate near Kyiv. Nearly 200 separate payments were made toward the bail amount.

The Hr.140 million ($3.2 million) bail set for former Presidential Office head Andriy Yermak was paid on Monday, according to Ukraine’s High Anti-Corruption Court (HAAC).

Local outlet RBC-Ukraine, which reported the court decision, said as part of his bail conditions, Yermak is required to appear before investigators and the court when requested, stay in Kyiv unless given permission to leave, report any change of address or job, avoid contact with other suspects and witnesses, surrender his travel documents, and wear an electronic ankle monitor.

On May 14, the HACC ordered Yermak held in custody, with the option of release on bail, after he was named a suspect in a Hr.460 million ($10.4 million) money laundering case.

According to sources cited by Ukrainska Pravda, nearly 200 separate payments were made toward the bail amount, including some contributions of one kopeck (around $0.02). The total amount collected reportedly exceeded Hr.154 million ($3.5 million).

What’s Yermak being accused of?

Ukraine’s anti-graft agencies said they uncovered an organized group allegedly involved in laundering approximately $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, a suburb south of Kyiv.

Authorities allege the construction project was used to legalize illicit funds through 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 Ukraine’s energy sector and state nuclear operator Energoatom.

The corruption probe into the energy sector led to the resignation of two ministers in late 2025.