Video: Germany has extradited former lawmaker Ruslan Demchak to Ukraine in connection with a case involving the laundering of 20 million hryvnia
Germany has extradited a former member of the Ukrainian parliament to Ukraine; he is suspected of laundering more than 20 million hryvnias. The State Bureau of Investigation (DBR) reported that the extradition was made possible through cooperation with international partners.
On July 13, 2026, at the Krakivets international border crossing in Lviv Oblast, the competent authorities of the Federal Republic of Germany handed over a member of the Ukrainian Parliament of the 8th convocation to Ukrainian authorities. He is accused of laundering over 20 million hryvnias obtained through criminal means and of aiding and abetting stock market manipulation.
The individual in question is Ruslan Demchak.
According to the investigation, in 2017, securities traders acting on behalf of the suspect carried out a series of fictitious transactions on stock exchanges involving the purchase and sale of domestic government bonds.
Through these transactions, the former MP received artificial investment profits totaling over 20 million hryvnias, which he subsequently laundered.
In August 2023, he was notified of the charges against him. After leaving Ukraine, the former lawmaker failed to appear when summoned by the investigator, so an international arrest warrant was issued for him.
The court granted permission to conduct a special pre-trial investigation. In October 2025, SBI investigators completed the investigation and filed an indictment with the court.
In January 2026, at the request of the State Bureau of Investigation, the suspect was detained in Germany.
Following a review of the request by the Office of the Prosecutor General, the competent authorities of Germany decided to extradite him to Ukraine.
The former member of parliament is charged with aiding and abetting stock market manipulation and the legalization (laundering) of proceeds obtained by criminal means (Part 5 of Article 27, Part 2 of Article 222-1, and Part 3 of Article 209 of the Criminal Code of Ukraine).
The penalties under these articles provide for imprisonment for up to 12 years with confiscation of property.
The court ordered him to be held in pretrial detention with the right to post bail of 20 million hryvnias.
The Office of the Prosecutor General oversaw the proceedings, according to the State Bureau of Investigation (DBR).
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