Automatically translated version. May contain inaccuracies compared to the original.
Journalists found that the former wife of former energy minister and defendant in the NABU and SAP «Midas» Herman Galushchenko lived for 2025 year together with their children in an apartment with an area of 220 square meters in Geneva (Switzerland), the rent for which amounted to 4,5 million hryvnias (about 9 thousand dollars per month). These premises are located on the Quai Gustave-Ador embankment in an historic building on the shores of Lake Geneva, in one of the most prestigious districts of the city of L’Île-aux-Moines.
This is described in the Freedom of the Press Foundation’s investigation by Radio Free Europe/Radio Liberty project «Schemes».
Herman Galushchenko and Olga Bogdanova divorced in the autumn of 2022 year. At the same time, already in Switzerland in 2023 year, the couple had a fourth child. A prosecutor of the SAP in court suggested that the divorce was purely formal.
After a full verification of Herman Galushchenko’s income declaration for 2025 year, the National Agency on Corruption Prevention (NACP) indicated that he did not declare the Swiss apartment where his children live. Galushchenko himself said that he did not know about this lease and only learned of it, as it were, from materials of a criminal proceeding.
Overall, Galushchenko, according to NACP’s conclusion, concealed expenses totaling more than 55,5 million hryvnias, which falls under «declaration of false information».
As journalists from «Schemes» established, the family of the former minister lives in the apartment on the Quai Gustave-Ador embankment in a historic building on the shore of Lake Geneva, in one of the city’s most prestigious districts in L’Île.
In response to the NACP’s inquiry, Olga Bogdanova said that the family lived there for the entire year on the basis of a rental agreement, but the copy of the agreement was not provided.
According to the Geneva real estate register, the owners of the house and the land under it are Georges and Pierre Nosali. In 2017 year, the Swiss bulletin SHAB indicated them as creditors in a case about unpaid rents for premises in this building, and in 2018 year a local repair company published information about their orders to repair the roof of the same building.
That the ex-wife of Herman Galushchenko often frequented this part of Geneva is also evidenced by her reviews on Google Maps near the embankment. In 2023-2024 years she described her impressions after visiting an optical shop, a massage salon, and a piercing parlor. This may indicate that the family could have lived in this building previously. At the same time, Galushchenko’s income declarations did not mention this.
Journalists calculated that from 2023 to 2026 year the family of the former minister could have spent about 20 million hryvnias just on rent for housing in Geneva.
Additionally, the family spent about 700 thousand dollars on the education of the elder Galushchenko son, Maxim, at one of the most expensive private colleges in Switzerland, College Alpin Beau Soleil. The boy studied at the institution since 2022 year.
Separately, journalists write that nearby the house where the ex-wife rented the apartment, her architectural bureau Bogdanova Architects, which she registered in Geneva in February 2023 year, is located. Its activities are described in official documents quite broadly: architectural bureau, interior design, sale of furniture and artworks, event organization, consulting, including financial and real estate sectors.
«Schemes» investigated that managers who collaborated with Bogdanova are often linked to offshore structures (Paradise Papers data), as well as the company Comatrans SA, which figured in NABU’s investigation into possible inflated road repair costs in Odesa and withdrawal of funds abroad by officials of the Odesa City Council.
As reported, 15 February 2026 year NABU and SAP detained former energy minister Herman Galushchenko when attempting to leave Ukraine. 16 February NABU and SAP informed him of suspicion within the «Midas» operation case. 17 February VAKS chose a preventive measure for Galushchenko in the form of detention with an option to post bail of 200 million hryvnias.
Reminder:
10 November 2025 year NABU and SAP carried out the large-scale «Midas» operation aimed at exposing corruption in the energy sector at the highest level. The main line of activity of the criminal organization was the systematic receipt of illicit benefits from contractors of NaEC «Energoatom» in amounts from 10% to 15% of contract values. NABU and SAP released part of the audio recordings from the investigation. Among the defendants are close ally of the president and famous businessman Timur Mindich, former energy minister, now minister of justice Herman Galushchenko, former adviser to the minister of energy and others.
Anti-corruption agencies announced suspicions for seven people in participating in a large-scale corruption scheme in energy, and detained five. Suspicions were issued to a businessman, co-founder of the studio «Kvartal-95» Timur Mindich (code name «Karlson» in the recordings), former energy minister adviser Igor Myronyuk («Rocket»), executive director of security for «Energoatom» Dmytro Basov («Tenor») and another four «employees» of the so-called «back office for money legalization»: among them Oleksandr Tsyukerman («Sugar man»), Igor Furshenko («Roshen»), Lesya Ustymenko and Lyudmyla Zorina. Also suspected was former vice-prime minister Oleksii Chernihiv («Che Guevara»).
NABU detectives established that through the office of the scheme’s defendants, about 100 million dollars passed.
The son of the former minister of justice and energy Herman Galushchenko has been studying for the fourth year in one of Europe’s most expensive private colleges – College Alpin Beau Soleil in Switzerland, where the cost of education including living expenses reaches up to 200 thousand dollars per year. Galushchenko lists his children in his declarations – including after the divorce from their mother in 2022 year and their departure from Ukraine – but does not declare spending on his son’s education. The total cost of education for 4 years far exceeds the family’s officially declared income and savings.
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