Ukraine’s National Agency on Corruption Prevention (NACP) has completed a full verification of the 2024 asset declaration submitted by Serhiy Belashov, a member of the Poltava Regional Council and co-owner of «Ukrainskyi Kapital» Bank. The monitoring of the politician’s assets and financial records lasted from December 1, 2025, to April 16, 2026. Following the comprehensive inspection, the anti-corruption agency uncovered inaccurate data totaling over 670,000 UAH, alongside a series of undisclosed financial transactions.
According to the official findings of the audit, Serhiy Belashov failed to disclose income generated from the sale of movable property. Specifically, in June 2024, the lawmaker sold a BMW X5 vehicle for 300,000 UAH, but this transaction was completely omitted from his year-end financial report. NACP representatives emphasized that the receipt of these funds is fully substantiated by official purchase agreements and transfer protocols.
Beyond undisclosed earnings, auditors identified major violations within the section dedicated to financial liabilities and legal transactions. The official omitted details regarding a loan agreement worth 370,000 UAH and withheld information about a transaction granting refundable financial assistance amounting to 1.65 million UAH.
«Based on the results of the full verification, the actions of the declaring entity reveal signs of a corruption-related administrative offense, liability for which is established under Part 4 of Article 172-6 of the Code of Ukraine on Administrative Offenses,» the NACP’s summary document states.
The report further highlighted that NACP analysts were unable to complete a full verification of a significant portion of the politician’s real estate and personal holdings due to missing supporting documentation. Questions remain surrounding the legal status and actual value of an 87.9 m² residential property in Poltava, several land plots, as well as two imported vehicles—an Audi Q2 and a Hyundai i20.
Despite the official recording of the violation—namely, knowingly providing false information in a financial disclosure—there is currently no record indicating that an administrative protocol has been submitted to court. Public judicial rulings regarding accountability under this charge have yet to be published.
The discrepancies identified in the declaration represent only a fraction of broader law enforcement scrutiny regarding the regional deputy’s financial operations. Serhiy Belashov (a business associate of Vasyl Astion) remains a key suspect in a high-profile criminal case involving gas procurement fraud targeting the state rail operator, Ukrzaliznytsia. Investigators allege that scheme operations involving inflated natural gas purchasing prices inflicted losses exceeding 206 million UAH on the state budget.
The deputy’s family business interest extends deep into the energy and banking sectors. His wife, Liliana Belashova—a former member of the Poltava City Council representing the «Sovist Ukrainy» party—holds controlling stakes in several natural gas enterprises. Together, the couple serve as primary co-owners of JSB «Ukrainskyi Kapital». Anti-corruption watchdogs and journalists continue to monitor the case closely, awaiting formal court proceedings on the NACP’s findings.