The State Bureau of Investigation has announced suspicion against a former member of parliament, who was elected from the banned party “Opposition Bloc” and previously belonged to the “Party of Regions,” for large-scale tax evasion. According to law enforcement, the individual in question is likely Vadym Novynskyi, although his name has not been officially disclosed.
This is reported by Kyiv24
Suspicion of Multibillion-Hryvnia Tax Evasion
The investigation has established that after obtaining Ukrainian citizenship in 2012, the former MP continued to engage in business activities in Ukraine and became a tax resident of the country. However, as reported by the DBR, he did not declare his income earned abroad and failed to pay the required tax, the amount of which exceeds 4.3 billion hryvnias.
“According to the investigation, after acquiring Ukrainian citizenship in 2012, he continued his business activities in Ukraine, becoming a tax resident. Contrary to the requirements of tax legislation, he did not declare the income earned abroad and did not pay tax amounting to over 4.3 billion hryvnias.”
Details of the Case and Financial Transactions
According to investigators, the individual received investment income of over 25 billion hryvnias from the sale of shares in foreign companies operating in Cyprus. These earnings were also not reflected in his tax reporting.
It is worth noting that Vadym Novynskyi is currently abroad and has not yet made any public comments regarding the allegations against him.
Additionally, in January 2025, the State Bureau of Investigation, together with the Security Service of Ukraine, had already informed Novynskyi of suspicion regarding state treason and incitement of religious hatred.