Automatically translated version. May contain inaccuracies compared to the original.
While the capital lives under air-raid sirens and the budget is cracking from wartime expenditures, a story has unfolded around apartment purchases at PJSC HC "Kyivmiskbud" that looks more like a classic "slice" labeled "for our people." Although Ihor Kushnir has not headed the company for over a year, the trail of suspicions continues — and implicates officials, developers, and connected businessmen.
The essence is simple and at the same time cynical: the municipal enterprise FC "Zhyttia-Invest" in 2022–2023 years purchases apartments with budget funds — but not directly from the developer, rather through "intermediaries." And these intermediaries are curiously linked to the Kushnir family, businessman Oleksandr Hlymbovskyi, and MP Dmytro Isaienko.
The scheme looks like this: first apartments from "Kyivmiskbud" are bought for about 2,3–2,5 million UAH. Then, after the Kyiv City Council’s decision to allocate 2 billion UAH for housing purchases, the same units are resold to Zhyttia-Invest — but already at 3,9–4,2 million UAH. The markup — up to 68%. And all this — in the conditions of full-scale war.
The State Bureau of Investigations examined the scheme within criminal proceedings No. 12023000000000905. The subjects were preliminarily charged with a number of serious articles — from embezzlement of property to money laundering and official forgery. But since the beginning of 2025 year there has been silence about active steps in the case. Formally the investigation can be resumed if there is political will.
Lawyer and human-rights defender Oleksandr Dyadyuk publicly stated: the city may have overpaid hundreds of millions of hryvnias. And while Kyiv looked for money for shelters, generators, and energy protection, 2 billion hryvnias went to apartments that could have been purchased much more cheaply.
Among the companies through which the apartments were sold are:
✔️PJSC "ZNIKIF "Kovernot"
✔️JSC "ZNIKIF "Amtel"
✔️JSC "ZNIKIF "Knyahynia Yaroslava"
✔️Sole Proprietorship "Real Estate Agency "Riel Kyiv"
✔️JSC "ZNIKIF "Minkar"
✔️JSC "ZNIKIF "Veber"
Some of them are connected to the Kushnir family — in particular his wife and children. Others are tied to Hlymbovskyi’s business circle, Isaienko, representatives of the Liko-Holding group, and also individuals previously linked to Chernovetskyi Investment Group.
A telling example is the story of the Kovernot fund, which purchased apartments under deferred-payment contracts. That is, the developer might not have actually received funds immediately. Meanwhile the municipal enterprise was already paying the full, substantially higher price.
During the repeat allocation of funds in November 2023 some deputies openly stated: the price of 55 thousand UAH per square meter is too high, and the effectiveness of using the previous 567 apartments is questionable. Nevertheless, there were enough votes.
At the same time, Ihor Kushnir’s son — Illia Kushnir — voted for the relevant decision. Later he resigned his deputy mandate.
After Kushnir’s dismissal, Kyivmiskbud went through several leadership changes: Vasyl Oliinyk, Svitlana Samsonova, Dmytro Nykyforov, Valerii Zasutskyi. The city recapitalized the company by 2,56 billion UAH. But construction at many sites, including the problematic legacy of Ukrbud, has not been fully resumed.
The situation resembles a vicious circle: billions are poured in, but construction sites stand idle, and new procurements are accompanied by scandals.
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