A Billion for Vyriy Industries and Questions to the Founder of Inzhur: What Is Known About the Judicial Dispute Involving Andriy Zhurzhiy

A billion for Vyriy Industries and questions to the founder of Inzhur: what is known about the judicial dispute involving Andriy Zhurzhiy

The Inzhur MilTech Foundation officially announced that, over 20 days, it raised 1 billion UAH to fund the drone manufacturer Vyriy Industries.

Against this backdrop, it is worth returning to the private debt dispute between Inzhur founder Andriy Zhurzhiy and Valeriy Kulyk. The dispute concerned interest for using a loan of 19 in August 2022 to February 28 of 2023, not a penalty for late payment. The first instance court refused the claim, the appeals court granted it, and the Supreme Court supported: the contract provided for a hryvnia loan and did not establish its interest-free nature, so Article 1048 of the Civil Code applies.

The subject of this case was relations between private individuals, not the use of investors' funds.

However, for a business asking to entrust savings to it, the question of the executive's fulfillment of financial obligations is quite appropriate.

Journalists invite Zhurzhiy to respond publicly:

Whether the ruling has been executed and whether the paid amounts can be confirmed without disclosing excessive personal data?

What mechanisms separate personal obligations of management from the assets of the funds and prevent conflicts of interest?

What documents allow an investor to verify not only stated profitability but also real protection of invested funds?

We do not claim that the awarded interest remains unpaid — we have no confirmation of the current settlement status. At the same time, a potential investor should get an answer about the enforcement of the decision before considering this story closed.

Put yourself in the investor's shoes.

Is your reputation of the founder and an attractive presentation enough for you to trust your own savings?

Or would you first want to see the documents, understand each participant's responsibility, and find out what will happen to your money if something goes wrong?

A judicial dispute does not provide a ready answer of “to invest or not.” But it provides a reason to ask awkward questions about the transfer of funds, not afterward. In the second part, we will analyze the investment structure itself: what exactly the investor buys and what risks they must assess themselves.

As previously reported by the ANTI-COR portal, the Supreme Court recovered from the founder of Inzhur Zhurzhiy more than 2,7 million hryvnias in interest on a loan.