I don’t even know what to say about this.
The State Tax Service reports the discovery of a scheme to transfer abroad almost 198 billion UAH through over 2,300 companies that effectively disappeared after conducting foreign economic operations.
And I have only one question. Did this happen yesterday? Or is it the first time the tax authorities received information from the National Bank about breaches of payment terms? Because the report indicates that:
▪️ hundreds of companies were re-registered to the same individuals;
▪️ individual persons simultaneously managed hundreds of enterprises;
▪️ companies used the same IP addresses;
▪️ reported from the same networks;
▪️ were registered at the same addresses.
And this is called “facts that attracted attention”? Seriously?
So the next question arises. What were doing at this time:
▪️ the State Tax Service;
▪️ the Bureau of Economic Security;
▪️ State Financial Monitoring Service;
▪️ the National Bank;
▪️ law enforcement agencies?
Because if we are talking about 198 billion UAH in foreign economic operations, thousands of companies, massive use of nominee directors, and signs of money laundering, then this doesn’t look like isolated violations. It appears to be a well-organized system.
Besides, most of the offending companies are concentrated in 7 regions.
And more.
The State Tax Service reports an accrual of over 70 billion UAH in penalties.
To whom exactly? To companies that have already disappeared? What percentage of these funds will actually be collected into the budget? Or will we once again see only an increase in tax debt on paper?
Why did the state not see or not want to see the large-scale scheme of transferring funds abroad for years?
And this is the most alarming part of this whole story.
* * *
Therefore, I want to draw attention to a few details that are hardly discussed.
1. This is not about one or two cases.
According to the State Tax Service itself, it is over 2,300 companies, which in 2024 and Q1 of 2026 conducted foreign economic operations of more than 198 billion UAH and afterward effectively ceased activities or became unavailable to control. Among them:
▪️ 1243 companies exported goods worth over 176 billion UAH;
▪️ 555 companies imported goods worth over 18 billion UAH.
2. The State Tax Service reports that attention was drawn to the fact that 1,643 individuals associated with the offending companies simultaneously are related to more than 42,000 other legal entities.
Moreover, 7 individuals have been identified, each of whom is a director or founder of over 500 companies. Overall, they control more than 7,000 business entities.
Agree, this doesn’t seem like a coincidence. And perhaps such a network was not built solely for foreign economic operations.
3. The State Tax Service reports that uncovering this scheme took quite some time. Because the participants were ingenious in masking this scheme.
Noting that the specified period of violations is 2024, 2025, and the first quarter of 2026, the question arises: who hid the materials/facts for 2022, 2023?!
I am sure that in those two years even more such operations were carried out by the so-called foreign economic entities.
That is, we are talking not about individual violations and not for specific periods (years), but about signs of a systematic organization of such activities.
4. The State Tax Service reports that analytical conclusions with signs of tax law violations and income legalization were prepared for only 557 business entities. So the work is just beginning.
5. The State Tax Service’s message states that all collected materials have been transferred to the Prosecutor General’s Office for further processing and decision-making.
It is very important for us not to lose the opportunity to monitor the progress of this case.
I hope that other control bodies, which did not see the “supernova” scheme, will also either help or be held accountable for inaction, at the very least.
Did you know that the scheme to withdraw 198 billion hryvnias from Ukraine in 2024-26, as announced by the tax authority and detailed by Nina Yuzhanina, was as simple as doors and as obvious as the “Dynasty” residential complex? Only neither customs, nor the SBU, nor the National Bank saw it up close. Well, not that they didn’t see it. They were told not to see it, hence the problems with professional vision. Now I will explain in simple terms what exactly happened.
Initially, there was cash. Black cash. From various schemes, bribes, gambling, and other “interesting” areas, etc. Corruption money that needed laundering.
This cash was used to purchase grain from farmers. It was then formalized through hundreds of Ukrainian firms that had front persons standing behind them. These firms sold the grain for export, mostly to companies registered in the UAE. They resold the grain to firms in Switzerland. The money went to companies in Dubai and stayed there. No currency entered Ukraine. Therefore, no taxes were paid on these transactions. That is why the tax service raised the alarm.
They raised it, but somewhat late. When the firms disappeared, and the straw shareholders also turned out to be phantoms. I repeat, without joint cover from above, this scheme was impossible! Anyone engaged in exports knows how much attention the controlling bodies pay to legitimate entrepreneurship, and every step is scrutinized. And yet the experts failed to notice the elephant! Interesting, isn’t it?
What’s next is even more interesting. The export of grain went through the ports of Odesa. And the head of the Odesa Regional State Administration, Oleh Kiper, a former prosecutor of Kyiv and a person not unfamiliar to Andriy Yermak, issued the 19th decree in 2023, placing grain exports under manual control. So that not even a mouse would slip unnoticed onto a bulk carrier.
A part of the export went through the Odesa Port Plant. It is state-owned. However, there’s a specific atmosphere there, as it’s not just the state that profits from it. Very little is left for the state. Because it’s important who managed the process. And until last month, it was managed by Yuriy Kovalsky, a person from the orbit of Tymur Mindich.
Last June, the OPP held a tender for the transshipment of grain to maritime transport – bulk carriers. And although some participants offered higher tariffs for renting the plant’s capacities, the company V Agro, owned by Mykhailo Voronych, won. And already in September 2025, the Odesa Port Plant signed another agreement with Voronych’s company – Swiss ARISTA TRADE. Remember? This is the same company that massively exported Ukrainian corn to Iran and which was also not detected by the relevant state authorities. However, it seems not unfamiliar to the former beneficiaries of the OPP.
In short, all grain exports were under the control of people in power or friends of the authorities. This explains why the controlling bodies suddenly became blind and who profited from the multi-billion dollar scheme.
But what to do about it? Here, the Bureau of Economic Security should take action. After all, they were recently restructured. They now have every opportunity to demonstrate their effectiveness.
Barrier-2.
The State Tax Service reports the discovery of a scheme to move nearly 198 billion UAH abroad (!!) through more than 2.3 thousand companies, which disappeared after foreign trade operations.
Behind this brief announcement from the Tax Service lies a gigantic fraud with Ukrainian grain, organized by the authorities from 2022 to 2024.
The lists of these firms have long been known; European Solidarity sent them to all law enforcement agencies.
Behind these thousands of firms stand 20-30 real owners.
Their actions clearly fall under the Criminal Code – up to 12 years.
Who was supposed to respond to this?
⁃ Tax Service,
⁃ State Financial Monitoring,
⁃ National Bank,
⁃ Bureau of Economic Security.
What was the powerful manager Shurma, who claimed the role of the main economic figure in the Office of the President, doing?
But all remained silent. Because everyone knew that the real organizer of the scheme was the all-powerful R-2, friend of R-1.
Only now, after the fall of Yermak and the announced resignation of his appointee in the Odesa Regional State Administration, did the blindness of the law enforcement and controlling bodies fall away.
Impotence – no.
They announced that they accrued 70 billion UAH in penalties on this amount. To whom, already non-existent one-day firms?
And separately striking is that this patented, blatant opportunism of the green elites took place calmly while the best sons and daughters of Ukraine were fighting, volunteering, and burying their own.
But what kind of elites are they? Kiosk bandits with aspirations of being elite. Dumb, arrogant, gluttonous, immoral.
Photo: Dmitry Ivanchenko
