The Tarasov family of developers has been embroiled in a scandal involving investors' funds
Chernihiv-based “Polikombank,” in which the family of developer Yuriy Tarasovets holds a controlling stake, has once again found itself at the center of a scandal surrounding the activities of “Osnova-Bud-7,” a company linked to the businessman. Investors in four unfinished residential complexes in Chernihiv claim that construction has been suspended for years and are demanding that the projects be completed.
According to the publication, the chairman of Polikombank’s board is Mykola Tarasovets—the developer’s father. He owns 4% of the bank’s shares.
Meanwhile, Yuriy Tarasovets owns 23% of the shares, and his brother Oleksandr owns 45%. Thus, the family controls the majority of the financial institution’s shares.
According to Telegraf, the developer conducts a significant portion of its financial transactions through “Polikombank.”
Previously, media outlets reported that “Osnova-Bud-7” is one of the bank’s main borrowers, and that funds from investors who purchased apartments in unfinished residential complexes passed through the financial institution.
It was also reported that the Cyber Police seized banking documents related to the developer.
This concerns four projects in Chernihiv:
- a residential complex on Ivan Mazepa Street;
- the “Oleksandrivskyi” residential complex;
- the “Na Masanah” residential complex;
- the KyivSky residential complex.
According to Telegraf, investors paid for the apartments in advance, and construction was supposed to be completed before the start of Russia’s full-scale invasion.
However, according to the investors, construction work has effectively been on hold for years.
In 2025, “Osnova-Bud-7” offered investors the option to renegotiate their contracts and pay an additional nearly 13,000 hryvnias per square meter.
In the new contracts, the developer, according to the publication, committed to completing construction in the fourth quarter of 2026.
However, investors claim that as of the end of August 2026, construction work had still not begun.
The story of the family of investor Maksym Tovkun, who died defending Ukraine after the start of the full-scale war, gained particular attention.
According to Telegraf, after the developer offered apartment owners the opportunity to renegotiate their contracts, the family of the fallen soldier was allegedly denied this option.
Another complaint concerns the “Oleksandrivskyi” residential complex.
Investors have reported possible violations during the processing of compensation for damage to the building caused by Russian shelling.
According to their information, “Osnova-Bud-7” claimed nearly 35 million hryvnias in damages. The list of damages allegedly included insulation, windows, and utilities.
At the same time, the investors claim that some of the specified structures and systems were not even present in the unfinished building.
The investors have announced that they are preparing a lawsuit in which they plan to challenge the circumstances surrounding the compensation claim.
The allegations cited reflect the investors’ position and information published in the media. A final assessment of these circumstances must be provided by the relevant authorities and the court.
Earlier in Kyiv, charges were filed against the former head of the municipal enterprise “Spetszhytlofond” and the head of the development company for causing nearly 13.8 million UAH in losses to the municipal enterprise.
The Kyiv-based developer compensated nearly 132 million hryvnias in unpaid land tax as part of the pre-trial investigation. The case was investigated by detectives from the Economic Security Bureau under the procedural supervision of the Kyiv City Prosecutor’s Office.
