Ukraine’s National Agency on Corruption Prevention (NACP) has uncovered 12.63 million UAH ($300,000) in undeclared assets belonging to Yuriy Berezhnoy, the acting president of the state-owned Black Sea Shipping Company (BLASCO). Despite the agency citing potential criminal violations under Part 2 of Article 366-2 of Ukraine’s Criminal Code, Berezhnoy remains in charge of the strategic enterprise’s liquidation and restructuring following its contentious conversion into a LLC by the State Property Fund of Ukraine (SPFU).
According to NACP audit findings, Berezhnoy resides in his wife’s Kyiv apartment but omitted the property from his official financial disclosures. The investigation also revealed UK and German residence permits associated with the official, along with records showing his daughter was educated in London.
Berezhnoy claimed the unaccounted wealth stemmed from business activities, vehicle sales, his wife’s cryptocurrency holdings, and an undisclosed loan. NACP rejected these explanations due to missing documentation and physical proof that Berezhnoy had signed a consent form for real estate purchased with joint marital funds.
Berezhnoy’s career has historically centered on the Luhansk region and Ukraine’s road infrastructure sector:
2006–2010: Led the Luhansk branch of the «Rus» political party, linked by local media to Russian crime figure Maxim Kurochkin and local associate Leonid Sokhranny («Belarus»).
2010–2014: Directed the Luhansk Regional Investment Promotion Agency and managed foreign economic relations for the regional administration.
2018–2020: Headed the Luhansk Region Road Service and later served as Deputy Head of Ukravtodor (State Agency of Automobile Roads).
«Public corporate registries associate Berezhnoy with several private ventures, including Transcarpathia Oil LLC, Steel Invest LLC, and Unlimited Security LLC.»
Berezhnoy was officially registered as BLASCO’s liquidator and restructuring manager on April 26, 2024. Law enforcement agencies have not yet publicly confirmed whether formal criminal proceedings have been initiated based on the NACP findings.