Monday, March 14, 2022

Zelensky, Hunter Biden — and Their Sugar Daddy, Kolomoisky

chesno |   The financial statements from the Servant of the People indicate that the party collected 226 million hryvnias (~$8 million USD) in donations while Zelenskyy and his associates’ election accounts collected 200 million hryvnias (~$7 million USD).

These numbers themselves seem relatively unremarkable, but the sources and types of donations are much more interesting.

Chesno reported that from September 2018 to September 2019 only 94 people donated to Servant of the People. Of the 94 people, most of these were entrepreneurs or sole proprietors. Most of the donations came from Kyiv, followed by donations from Odessa and Dnipro.

Chesno also found that 44 legal entities donated to the Servant of the People and Zelenskyy, with 34 of these entities donating 3 million hryvnias ($105,000 USD), which is just under the 3.3 million hryvnia ($120,000) limit placed on donations. The majority of these donations came from either Kyiv or Odessa.

More than 99% of all donations were more than 100,000 hryvnias ($3,500 USD); only two donations of less than 10,000 hryvnias ($350) were received in this time period.

To contextualize these figures, the minimum wage in Ukraine is 6,000 hryvnias per month ($220 USD) and the median salary in Ukraine is around 21,000 hryvnias ($775 USD).

This means that the majority of donations received by Zelenskyy and Servant of the People were more than what most Ukrainians make over five or six months of full-time work.

Chesno also found that some of the 94 personal donations came from questionable sources. Chesno interviewed Tetyana Staneva, who lives in a village in Odessa and has no business registered in her name. She donated 1.5 million hryvnias ($52,000 USD) to the Servant of the People party, telling Chesno, “It’s not just my money, I just sent it. This is a group of like-minded people, we did it together.” It should be noted that this is against Ukrainian law, which says that individual citizen must make financial contributions to political groups personally, and not as a collective.

Investigators identified one of the 44 entities that donated as Yaroslava Reklama, LLC, registered to a 22-year old cook named Yaroslav Kuzka who works at one of Kyiv’s restaurants. Yaroslava Reklama LLC, transferred the maximum donation of 3.3 million hryvnias ($120,000 USD) to Servant of the People. Upon investigating the address to which Yaroslava Reklama LLC was registered, journalists found that tenants in the area had never heard of the company.

Another company, Prom Import LLC, was registered to a woman named Juliana Kuku. She complained on her social media accounts that business was “not going well”, but at roughly the same time, made a 500,000 hryvnia ($16,000 USD) donation to Servant of the People.

Chesno also found that of the 44 entities that donated to Servant of the People, four of them changed their addresses within two days of one another in December 2018, leading investigators to conclude that many of the donors were likely linked.

It is perhaps remarkable to consider that although only 94 persons and 44 legal entities donated to Servant of the People, that it grew to controlling 254 of 450 seats in the Verkhovna Rada despite not existing less than six months before.

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