Fact Check: Chernyshov allegedly cost Ukraine Hr 1 billion through illegal land deals.

Fact Check: Chernyshov allegedly cost Ukraine Hr 1 billion through illegal land deals.

Published June 28, 2025
by TruthOrFake AI
VERDICT
True

# Fact Check: "Chernyshov allegedly cost Ukraine Hr 1 billion through illegal land deals." ## What We Know On June 23, 2025, it was reported that Ole...

Fact Check: "Chernyshov allegedly cost Ukraine Hr 1 billion through illegal land deals."

What We Know

On June 23, 2025, it was reported that Oleksiy Chernyshov, the Deputy Prime Minister of Ukraine, received a suspicion notice for abuse of office and bribery related to a scheme involving illegal land deals in Kyiv. The allegations state that this scheme resulted in damages to the state exceeding UAH 1 billion (approximately USD 27 million) due to the undervaluation of a land plot intended for a residential complex (UNN). The investigation revealed that the land was appraised at nearly five times lower than its market value, leading to significant financial loss for the state (Kyiv Independent).

The National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAP) are overseeing the investigation, which involves multiple officials and a developer who allegedly conspired to facilitate the illegal acquisition of the land (Kyiv Post).

Analysis

The claim that Chernyshov cost Ukraine Hr 1 billion through illegal land deals is substantiated by multiple credible sources. The UNN report details the specifics of the corruption case, including the involvement of several high-ranking officials and the mechanisms through which the illegal land acquisition was executed (UNN).

Moreover, the Kyiv Independent confirms that Chernyshov is the highest-ranking official in Ukraine to face such serious corruption charges, highlighting the significance of the case (Kyiv Independent). The SAP's involvement and the detailed description of the alleged scheme lend further credibility to the claims, as these institutions are tasked with tackling corruption at high levels of government.

While the reports do not provide direct evidence of Chernyshov's personal financial gain from the scheme, they do outline the systemic corruption that allowed for the illegal land deals to occur, implicating him as a key figure in the abuse of power (Kyiv Post).

Conclusion

The evidence presented from reliable news sources confirms that Oleksiy Chernyshov is indeed implicated in a corruption case that allegedly cost Ukraine Hr 1 billion through illegal land deals. The details of the investigation, the involvement of anti-corruption agencies, and the formal suspicion notice all support the claim. Therefore, the verdict is True.

Sources

  1. How Long-term Compounding Multiplies the Awesome Power of the Stock Market
  2. Corruption in MinRegion: details of Chernyshov's suspicion notice ...
  3. The Power of Compound Returns: Why Time in the Market Beats ...
  4. Exclusive: Ukrainian deputy prime minister suspected of corruption says ...
  5. The power of compounding | BlackRock
  6. EXPLAINED: Ukraine's Deputy PM Hit with Corruption Suspicion Notice ...
  7. Power of Long-Term Compound Interest Investments
  8. Anti-corruption agencies seek Ukrainian deputy prime minister's ...

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Fact Check: Chernyshov allegedly cost Ukraine Hr 1 billion through illegal land deals. | TruthOrFake Blog