⁉️ They hadn’t finished dealing with the bribery case when new questions arose for Labaziuk — this time about the constr...

⁉️ They hadn’t finished dealing with the bribery case when new questions arose for Labaziuk — this time about the construction business

The NABU and SAP hadn’t hardly finished one case against People’s Deputy Serhiy Labaziuk when the NACP appears to have reason to take a closer look at his business interests. It’s possible the results of such a check could also interest anti-corruption detectives.

27 in October the High Anti-Corruption Court was supposed to move toward a final decision in Labaziuk’s case, in which he is accused of attempting to bribe senior officials with 150 thousand dollars to secure state contracts. The prosecution is seeking 8 years and 6 months’ imprisonment with confiscation of assets. However, because another defendant, Denys Nazimov, reported hospitalization, the hearing was postponed until 9 November.

Meanwhile journalists from the Cherkasy outlet “18000” published an investigation into the development of the most expensive residential complexes in Cherkasy, in which a business linked to Labaziuk also appears.

Specifically, as early as 2023 the LLC Volynski Aktyvy XXI, whose beneficiary the journalists identify as Labaziuk, purchased two plots of land on the Dnipro River bank for about 50 million UAH. Later the company tried to acquire another neighboring plot but lost the auction to a competitor who offered more than 60 million UAH.

Interestingly, the purchased land is where the residential project of the company Arghilit is being implemented; Arghilit builds a number of expensive residential complexes in Cherkasy.

According to the investigation, projects associated with this developer include Laguna, Simeynyy Lyuks (Family Lux), Premier Bay, Pasterivskyi, Ridnyi Dim (Native Home), and Andora. The formal owner of Arghilit is Oleksiy Corchak, whom the publication describes more as an ordinary site foreman than the owner of a large construction business with multimillion turnovers. At the same time, among the people connected to the company is Oleksandr Zaiats, who is called the organizer of the construction… So who actually controls Arghilit, finances its large-scale projects, and receives profits from the sale of apartments in Cherkasy’s expensive residential complexes?

There is also a political angle. Labaziuk represents the Za Maibutnie group, and this political force in the Cherkasy region was headed by Cherkasy mayor Anatoliy Bondarenko. Of course, such a link by itself does not prove any favoritism, but in the context of multimillion land transactions it deserves attention.

And now the most interesting part — declarations. In the portions of Labaziuk’s declaration for 2025 year that were available for preliminary analysis, there are no specific mentions of Arghilit or Volynski Aktyvy XXI. At the same time, corporate registries link the deputy to the latter company as a beneficiary. Are these interests reflected in the full list of declared enterprises…

This raises a perfectly logical question: what exactly are the financial relations between Labaziuk’s company, which purchased the land for 50 million UAH, and the developer Arghilit? Do the deputy or structures associated with him receive income from the sale of apartments? And if such income exists, has it been properly reflected in the declarations?

After all, one thing is to buy land for development, and quite another to have actual involvement in a multimillion construction business, which may not be apparent from official documents.

So perhaps the NACP should examine these circumstances more closely. And if the check reveals signs of false declaration or other offenses — forward the relevant materials to the competent law enforcement agencies.

📌 Because while anti-corruption bodies deal with the story about 150 thousand dollars for state contracts, the question of possible profits from expensive residential development in Cherkasy remains open…