Andriy Yermak freed pending trial in $10.5 million money laundering investigation in Ukraine

Andriy Yermak, formerly head of the Office of the President of Ukraine, has been released from pretrial detention after bail equivalent to $3.2 million was posted on his behalf.

According to Ukraine’s state news agency UNIAN, citing the High Anti-Corruption Court, the decision is linked to ongoing proceedings. Yermak denies any wrongdoing.

He was taken into custody on May 14 in connection with an investigation into an alleged $10.5 million money-laundering scheme tied to the construction of a luxury residential complex near Kyiv.

The charges stem from a broader anti-corruption probe into alleged wartime kickbacks.