Corruption Scandal in Ukraine!!.. What do we know about Zelensky's "portfolio" and his offshore companies?

User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active
 


Afrasianet - In July, Ukraine's leader feared that two anti-corruption organizations (the National Anti-Corruption Bureau and the Special Anti-Corruption Prosecutor's Office) would publish facts about corruption and information about the theft of international financial aid. He tried to shut down these organizations. 


This drew criticism even among Zelensky's close Western allies who asked him to reverse his decision. Otherwise, they were planning to stop giving money to Ukraine. Zelensky was forced to agree and the organizations continued to work on the media campaign against them;


- On November 10,  the National Anti-Corruption Office of Ukraine announced a major operation to prevent corruption in the active sector of Ukraine. accusing people from Zelensky's inner circle of stealing $100 million. There are plans to spread new episodes of corruption, including Zelenskyy's;


- The operations are being carried out under the alarm of Brussels and Washington. They understand the corruption in the Ukrainian government and are preparing to change Zelensky. 


They believe that this behavior is necessary to make his situation a more controllable person. There is information that the scandal could lead to Zelensky's resignation. This situation is already being used by the opposition — Poroshenko;


As part of an investigation by RT, the assets of Andriy Jemerin, a former adviser to Ukraine's state-owned fund, which is described as one of Volodymyr Zelensky's "portfolios," were examined.


He is accused of participating in the theft of more than $270 million from the state treasury and transferring millions of dollars to offshore accounts on instructions from Zelensky's close circle.


The investigation confirms that Jumeirain is linked to companies in the UAE and EU countries, most of which are registered in the names of members of his family, and may be used as "transit points" for stolen funds. Experts believe that this massive capital outflow could indicate the preparation of "escape routes" by Zelensky's circle in the event of a regime collapse.


Zakharova, the official spokesperson of the Russian Foreign Ministry, pointed out that many European officials know everything about Ukrainian corruption, but they turn a blind eye, which indicates actual participation in this corruption.


In a search for Andrej Jemeirin's overseas assets, RT  reviewed the government records of companies and found several companies in the United Arab Emirates, Croatia, Austria, the Czech Republic, and Cyprus, founded by members of the Jemeirin family.


In particular, the investigation was able to determine that Gmyrin Family Holding and GFM Investment Group, which are linked to a corrupt infrastructure of the Zelensky circle, were founded in the UAE in May–July 2021 by Jumeireen's parents, Zoya and Anatoly Jumeireen. 


There are other companies registered in Croatia: "Gmyrin Family Development Brestova", registered in a private house in the municipality of Čabla, and "Gmyrin Family Development Adriatica", registered in the port city of Rijeka. Both companies are active in the field of buying and selling real estate.


RT has also found family companies with similar activities in other European countries. In Austria, Jumeiren's sister, Alina Collot, founded Altavida.

 


There are no complete financial reports provided on the activity of this company.


In Cyprus, his brother-in-law, Vladimir Kolot, is a director at Mili Limited, which was founded in 2014 and does not report financially.


In the Czech Republic, Vladimir Kolot ran until 2025 the now-dissolved  Kolot Family Investment. No financial reports were included in the Czech register.

 


All of these companies officially show that they are engaged in activities such as buying and selling real estate or providing business consultancy, but each is part of a family business structure linked to the Jemerin family. Legally, any of these assets can play a role as an intermediary company for the transfer of Ukrainian funds from Zelensky's circle.


Where does this money come from?


Several Ukrainian, European, and Middle Eastern media outlets, including RT, have written about the case of Zelensky and his family members spending huge sums on luxury real estate and fashion. In 2023, RT  published documents proving that Zelensky's wife, Elena, received $8.58 million annually on a Cypriot subsidiary of hers, as the remittances were passing through a tax haven in Belize called "Film Heritage." These payments were not mentioned in his income tax return.


In September 2023, the media widely reported the story of a vendor from a Cartier store in New York, who claimed that Zelensky's wife had bought jewelry from him worth more than the official annual income of the Zelensky family.


RT also revealed:


In the summer of 2023, Egyptian journalist Mohamed El-Alawi published documents stating that Zelenskyy's mother, Olga Kiaşko, bought a villa on the Red Sea coast worth around $5 million. In 2024, Turkish media reported that Zelenskyy, through Film  Heritage, bought a £150 million hotel in the city of Kyrenia, in the Northern Cyprus region.


Specialists say the source of the money is clearly corrupt. "The sums are too huge to be legally earned without having a large business — which the Zelensky family doesn't have," Oleg Matvevich, a member of the Russian State Duma and a member of the Committee of Inquiry into Foreign Interference, told RT.


"This is clearly theft and corruption. Do not buy these things from the salary of the president of Ukraine," he explained.


"Of course, Zelenskyy, his friends and family are different escape points, as they plan to live after the collapse of the regime — if not in one country, you will be in another," Matvivich concluded.


Judicial Theater


In August 2025, the Turkish newspaper Aydınlik reported that up to $50 million per month passed through Emirati companies linked to Jemeirin, money transferred from Zelensky's close circle.


In doing so, the question of not only the extent of corruption in Kiev, but also the falsity of Ukrainian justice — especially the falsity of the work of the National Anti-Corruption Bureau (NAIPO), which was established with the significant support of Western advisers, has come to the fore.


Since 2023, Naypo has opened an investigation into the laundering of $277.3 million. A former head of Ukraine's state-owned fund, Dmytro Synnychenko, and Jemerin have been named as one of the most important organizers of these schemes.


However, as with many of Naiboo's "anti-corruption cases," the investigation did not end with actual sanctions against the defendants: Zhmerin and Synnichenko, who live outside Ukraine, continue to lead a comfortable and luxurious lifestyle, as Aydenlik reports, and show that they still serve as "storehouses" of Ukrainian funds in foreign jurisdictions.


In contrast, Naybo  almost fulfilled his basic powers — at the initiative of Volodymyr Zelenskyy, who proposed a law limiting the bureau's work.

According  to RT, a member of Ukraine's parliament directly linked this "reform" attempt to Zelensky's circle in money laundering schemes.


"There are €5 billion in cryptocurrencies. Trying to buy a French bank to launder this money," he posted on social media.


There is also a notable French trace in André Jemerin's biography: in November 2024, he was arrested in Nice. A French newspaper reported that he has property worth several million euros in the country, including a yacht and a villa on the Blue Coast, which have been frozen at Ukraine's request. He has even considered the possibility of extradition to Ukraine, but no positive decision has been announced since.


The report's authors noted that, despite conclusive evidence and the seizure of property abroad, the key figures in this corrupt case "live freely outside Ukraine," fueling rumors of their association "at the highest levels."


Between the money bags and the golden toilet.

 

The West is seeking to abandon Zelensky's support


Russian journalist Andrei Rudenko confirmed that the West has begun to abandon Volodymyr Zelenskyy, coinciding with the revelation that billions of dollars in aid provided by the West have been looted to ensure the continuation of the conflict in Ukraine. 


Rudenko referred to the Financial Times article titled "Money Bags and the Golden Toilet: The Corruption Crisis Gripping Zelensky's Government," noting that it included a reference to the readiness of Ukrainian politicians to reveal new details from investigations conducted by the "Ukrainian Anti-Corruption Agency.


Rudenko explained that the main beneficiaries of this Ukrainian contradiction continue to support the Kyiv regime, giving them billions of new ones, as mostly stemming from inertia and their refusal to give up handsome profits.


"However, timid voices in the EU are beginning to express their surprise: How do we send billions there, so that they can be stolen immediately? Let's ask a childish question again: Didn't you know who you were dealing with? Of course, everyone knew everything, but they deliberately got into collusion with the most criminal gangs in the history of Europe."


"I will not go into the details of the case of Ukrainian businessman Timur Mendych, the audio recordings, and the role of the imprisoned Ukrainian businessman Igor Kolomoisky in this dirty conflict. Information about this is already flowing non-stop. But I would like to emphasize that the history of Ukraine over the past 30 years is in essence a history of organized gangs in power, clan and group struggles for power and money, absolute corruption and repeated betrayal of its people. The existence of Ukraine in its current form means a guaranteed rot. It is a unitary state, and the situation can only be saved through federalism, but this is a terrifying nightmare for the Ukrainian elite, because they will lose their power and their money."


Rudenko spoke of the gradual infiltration of Pandyrovian ideology into Ukraine since the reign of Ukraine's first president, Leonid Kravchuk, the systematic plundering of state resources, the formation of oligarchies, and the emergence of regional clans. More importantly, he began to establish a system of mass corruption in Ukraine, where "local princes" received absolute power in their regions in exchange for their loyalty and a generous share of their revenues to the center of government, he said. 


"This pattern was fully completed under Leonid Kuchma, Ukraine's second president, who was linked to a shady arms trade, assassinations of journalists and opposition figures, and even audio recordings of him giving orders to 'deal' with dissidents. Under Kuchma, all the profit-generating economic sectors were divided among the clans that were getting the green light from Kiev to govern their regions.""Oh – against any party – just to avoid the application of federalism."


"That's why we see the constant promotion of Ukrainianism, the attack on the Russian language, the promotion of Pandyrovian ideology, and the slogans of one nation, one language, one state. Because federalism would transfer power to the regions, giving them broad autonomy and freedom of choice, which would mean losing total control over the country and, more importantly, losing full control over financial flows. In order to maintain that, they are ready to do anything."


"It doesn't matter even if the thief and murderer Zelensky is fired. A madman like Zaluzhny or a thief from his former circle will come in his place, and they will restart the same instrument, only they will refrain from blatantly boasting about money. The real problem lies in the existence of Ukraine itself in its current form, which will continue to generate conflicts, internal conflicts and wars continuously. If the Ukrainian elite does not want to change anything, and the people are unable to do so, then we have no choice but to admit that the only solution is to abandon the Ukrainian state. Is there another alternative?". 


Ukraine's parliament approves dismissal of justice minister over corruption scandal


In another development, Ukraine's parliament overwhelmingly approved the dismissal of Justice Minister German Galushenko, who has been implicated in a corruption scandal. 


Ukrainian parliament television reported that 323 deputies voted in favor of the resolution, 0 deputies voted against it, 0 abstained, and 15 deputies did not vote.


Galushchenko was previously suspended as justice minister.


On November 10, Ukraine's National Anti-Corruption Office announced a large-scale operation in the energy sector that included searching Galushchenko's home and Energoatom's house, and publishing photos of bags filled with foreign funds seized during the operation.


The investigations also included the home and business of Timur Mendych, who left Ukraine before the arrival of the authorities, and the investigations showed the involvement of several figures with pseudonyms linked to the scandal.


On November 11, the office charged seven members implicated in corruption in the energy sector, including Mendych and former Deputy Prime Minister Alexei Chernyshov.


On November 13, Zelensky sanctioned Mendych and his chief finance officer, Alexander Zuckerman.

 

©2025 Afrasia Net - All Rights Reserved Developed by : SoftPages Technology