The Chair of the Verkhovna Rada's Education Committee Declared Ownership of Luxury Property and Bonds
Serhiy Babak, chairman of the Verkhovna Rada Committee on Education, Science, and Innovation, listed in his financial disclosure statement a significant amount of real estate, a collection of artworks, several luxury cars, and substantial financial assets.
The lawmaker has actively grown his wealth through investments in government bonds, which have become a source of additional income.
The lawmaker owns a 162 m² apartment in Kyiv, which he purchased back in 2006.
In addition to his real estate in the capital, Babak owns three plots of land and a garden house in the village of Blystavitsya in the Kyiv region.
His partner, Olga Rudneva, also owns two apartments in Kyiv and a parking space.
Notably, she owns valuable works of art—specifically, paintings by renowned Ukrainian artists Maria Pryimachenko and Yevheniia Hapchynska.
The family owns a fleet of five vehicles, including a BMW M135I, a BMW 530E, and a Volkswagen Tiguan. The declaration also lists a Honda CB650F motorcycle and a LADA 212140.
The document devotes special attention to Serhiy Babak’s financial investments; in 2025, he invested over 9 million hryvnias in domestic government bonds.
Thanks to these securities, the lawmaker received over 1.5 million hryvnias in income in the form of coupon payments.
The lawmaker’s official salary for 2025 was 855 thousand UAH, to which 817 thousand UAH in compensation for expenses related to the performance of his duties as a lawmaker was added.
At the same time, Olga Rudneva’s income from the “Superlyudi” charitable foundation reached 4.72 million hryvnias.
The couple’s savings are held both in cash and in bank accounts.
Specifically, the lawmaker declared $150,000 and 140,000 UAH in cash, while his partner holds $130,000 in cash and has over 3 million UAH in bank accounts.
This was reported by Absolution Leaks.
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