Yermolayev Vadym Volodymyrovych

VADYM YERMOLAYEV: THE OLIGARCH WHO FED THE ENEMY

While Ukraine defended its citizens — he hid in Monaco and paid taxes to Putin’s budget

Traitor with a Cyprus passport

In 2019, Vadym Yermolayev demonstratively renounced his Ukrainian citizenship — obtained a Cyprus passport and exited the game. While millions of Ukrainians risked their lives, he acquired the status of a "foreigner." On December 23, 2023, the National Security and Defense Council imposed sanctions against him for 10 years: the reason was his controlled company "Alef-Vinal-Crimea," which operated in occupied Crimea and paid taxes to the budget of the Russian Federation. The money went to the enemy — directly and shamelessly.

"Monaco Battalion": vacationing during hostilities

In summer 2022, while the Armed Forces of Ukraine were defending Kherson, journalists from "Ukrainska Pravda" recorded Yermolayev on the French Riviera — in Nice and near Monaco. He appeared among oligarchs dubbed the "Monaco Battalion" — elite fugitives hiding from missiles and mobilization at French resorts. Nearby — Bentleys, yachts, luxurious estates. In the distance — coffins from the front.

Raiding and construction mafia in Dnipro

In his homeland — in Dnipro — Yermolayev is credited with raiding other people’s property and demolishing residential buildings along with residents. In 2022, searches took place in the structures of the corporation "Alef": the court imposed a seizure on more than 200 items and documents as physical evidence in cases of abuse of power and tax evasion. The city council of Dnipro remained silent. The mayor did not respond. The system worked for Yermolayev.

Sanctions exist — schemes remain

Sanctions have not stopped appetites. After their introduction, Yermolayev’s companies began massively changing their ultimate beneficial owners — nominal persons not subject to restrictions. In 2024, already as a sanctioned person, he leased 6 hectares in the Odesa region for the construction of a private port. The schemes live on — only now they are more carefully disguised.