Skip to content

Funds totaling 120 million have been allocated for Chernyshov

Large bond of 120 million Ukrainian hryvnias set for ex-Vice Premier and National Unity Minister, Alexei Chernyshov, allegedly involved in office misconduct and bribe-taking.

Investment of 120 million earmarked for Chernyshov
Investment of 120 million earmarked for Chernyshov

Funds totaling 120 million have been allocated for Chernyshov

In a significant development, Ukrainian Vice-Premier Minister Alexei Chernyshov is under investigation for alleged abuse of office and receiving unlawful benefits on a large scale, primarily linked to illegal land deals in Kyiv between 2020 and 2022 [1][2].

On June 27, the High Anti-Corruption Court (HACC) set bail for Chernyshov at an amount of 120 million hryvnias (approximately millions of USD). As of early July, the bail has not been paid, as Chernyshov and his lawyer plan to appeal the court's decision [1][2].

Chernyshov has reported that his personal and family accounts are blocked, making it challenging for him to raise the required funds to post the bail [1][2].

Despite the allegations and ongoing investigation, the court decided not to suspend Chernyshov from his post as Deputy Prime Minister and Minister of National Unity. He remains in office as of July 2, 2025 [1][2].

The National Anti-Corruption Bureau of Ukraine (NABU) has indicated that if the bail is not paid within five days of the decision, they will petition to have Chernyshov detained [1][2].

The case also involves allegations of corrupt land allocation connected to Chernyshov's associates, with the former advisor Maksym Horbatiuk being detained in connection with the matter [1].

This ongoing investigation underscores a significant anti-corruption effort by Ukrainian authorities, demonstrating that even officials close to power can face prosecution. There is media speculation about the political dimensions of the case, including the involvement of international actors like the U.S. Embassy in Ukraine in anti-corruption efforts [4].

| Aspect | Details | |----------------------------|-------------------------------------------------------| | Allegations | Abuse of office and large-scale corruption in land deals (2020-2022) | | Bail Amount | 120 million hryvnias (set June 27, 2025) | | Bail Status | Not yet paid; appeal planned; accounts frozen | | Court Decision on Duties | Chernyshov retained as Deputy PM and Minister of National Unity | | NABU Position | Will seek detention if bail unpaid within 5 days | | Related Investigations | Detention of former advisor; corruption probe ongoing |

These developments reflect a significant anti-corruption effort by Ukrainian authorities while balancing political and legal considerations [1][2][4].

  1. The ongoing investigation into Ukrainian Vice-Premier Minister Alexei Chernyshov, involving allegations of abuse of office, corruption, and large-scale land deals, has ties to the realms of politics and business.
  2. The unpaid bail of 120 million hryvnias (approximately millions of USD) set by the High Anti-Corruption Court for Chernyshov, who is under investigation, is a significant financial issue that could potentially lead to his detention and further entwines the case with general-news discussions about the country's anti-corruption efforts.

Read also:

    Latest