“A Luxury Porsche for the Governor’s Girlfriend”: How Yurii Holyk and Valentyn Reznichenko Divided Budget Billions

Businessman Yurii Holyk, who long advised the “Great Construction” project, provided cars to people charged in criminal cases over embezzlement of funds in Dnipropetrovsk region.

It turned out that the head of the Dnipropetrovsk OVA, Valentyn Reznichenko, and his girlfriend Yana Khlanta used the property of Holyk’s company. The Dnipropetrovsk ODA paid 1,5 billion hryvnias to Budinvest Engineering, a firm half-owned by the governor’s girlfriend and by a manager of the Dubynskyi brothers, whom the FBI is currently seeking for financial frauds in the United States.

Holyk also flew abroad with Khlanta and Reznichenko. Their joint trip to Munich on 5–6 October 2021 is known (it was at that time that a Ukrainian court ordered the Antimonopoly Committee to consider a complaint about Ukravtodor “shielding” a cartel of road builders, but the AMC did nothing). Holyk traveled separately with Reznichenko and separately with Khlanta. But on the same dates he was in Vienna with Pavlo Chukhno — the manager of the Dubynskyi brothers who owns the other half of Budinvest Engineering.

The historical connection between Holyk and Reznichenko is relatively well known. Reznichenko was one of the top managers at Boris Lozhkin’s Ukrainian Media Holding, and Holyk handled advertising for UMH in Luhansk region. When Lozhkin headed the Presidential Administration under Poroshenko, Reznichenko was first appointed head of the Zaporizhzhia ODA and then of the Dnipropetrovsk ODA. Holyk accompanied Reznichenko both times as an external adviser who does not receive a salary from the state budget and is not required to file official income declarations. In 2019, Zelensky initially ousted Reznichenko, but Holyk managed to return to the center of decision-making as a consultant to the “Great Construction” project, and Reznichenko was returned to the Dnipropetrovsk ODA. Along with him returned to state flows Budinvest Engineering with the governor’s girlfriend as co-owner.

This trio’s connections showed up in financial aspects as well. With the help of sources in the tax service, police, and state registries, the following was established. In one of the obtained videos, Yana Khlanta is shown arriving at the underground parking of the Creative State of Dnipro business center. Until recently, one of the co-owners of that business center was Yurii Holyk. The office there is leased by Sevent Consulting Group, a firm owned by Reznichenko himself (last year the rent was around 160 thousand hryvnias per month).

Sevent Consulting Group receives money from several firms for audit and legal services — including from JSC Zaporizhia Quarry Management, where co-owner is Olena Chukhno. She is the wife of the co-owner of Budinvest Engineering, Pavlo Chukhno. Thus, the governor’s own firm Sevent Consulting Group in 2021 received 12 million hryvnias from a company connected to Budinvest, which the governor’s subordinates transferred almost 8 billion hryvnias to.

It’s visible that the governor’s girlfriend arrived in a luxurious Porsche Panamera with license plate AE6054RH. It also turned out that Reznichenko himself uses this same car. Last year the patrol police of Boryspil fined Reznichenko twice for speeding near Kyiv, where he also owns real estate.

The Porsche Panamera itself belongs to the advertising agency Programmatic Media Group LLC. This is a real firm with an office in a business center on Stolychne Highway, which last year purchased a number of expensive cars:

And the biggest advertising partner of that firm was Modern Media Technologies LLC, to which Programmatic ordered placement of some online materials for 3 million hryvnias. The relatedness of these firms is evidenced by the fact that in 2017–2018 the founder of both firms was one Volodymyr Stepanovych Pakholiuk. Then Programmatic underwent an owner and director shake-up (those involved include Hryhoriev, Bachkov, Bolshechapova, Litovchenko). Modern Media Technologies gained a real beneficiary — Yurii Holyk. The same consultant to “Great Construction,” co-owner of several firms, including Creative State.

Creative State until recently was half-owned by Ilya Koenigstein and Yurii Holyk. It developed a number of office buildings in Ukraine. As noted above, Valentyn Reznichenko leases an office in Creative State of Dnipro. And in the Kyiv coworking Creative State Arsenal in November 2021, Volodymyr Zelensky spoke at a press conference about the successful success of the “Great Construction.”