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 PPB faction MP Demchak keeps 133M hryvnia in cash, owns 355-meter house in London’s upscale Borough of Barnet. PHOTOS

Petro Poroshenko Bloc faction MP, Deputy Head of the Verkhovna Rada of Ukraine Committee on Financial Policy and Banking Ruslan Demchak showed 133 million hryvnia in cash (over $5,115,000) and a house with area of 355 square meters in one of London’s Boroughs in his e-declaration.

As reported by Censor.NET, this is evidenced by the income statement submitted by the lawmaker and published in the Internet-based Unified State Register of income declarations of senior officials.


декларация демчак

The MP declared 133 million hryvnia in cash.


декларация демчак


It is telling that the deposit accounts belonging to the lawmaker's family look quite 'miserable': 2,726 hryvnia and £386.

Read more: Interior Minister Avakov submits income statement, declares wine collection, work by Picasso, golden scaled-down model of oil rig, copyright for story mocking Liovochkin and Stolyarova

Ruslan Demchak also included a 355-meter house in London's Borough of Barnet owned by his wife in his income statement.


декларация демчак

Prices of real estate in Barnet:

декларация демчак

Screenshot of Google Maps image depicting a street in Borough of Barnet

The lawmaker owns a house of 377 square meters in area in the village of Kriukivshchyna near Kyiv as well as a 30-meter house and a 47-meter apartment in the town of Lypovets in the Vinnytsia region.

His wife owns gem-incrusted Chopard Happy Sport Chronograph worth 270,000 hryvnia (over $10,000) and Range Rover Evoque Prestige purchased in late February 2014.

Read more: Opposition Bloc MP Skoryk received accommodation benefits from state while owning luxury apartments, houses, and collection of watches

She also holds shares of the London-based UBG Corporation Ltd worth 4,400,000 hryvnia (over $10,000).

In 2015, Demchak received 80,000 hryvnia in salary payments and 1,100,000 hryvnia in proceeds from sale of movable property that belonged to his wife.

Read more: MP Dovhyi's income statement: 95 paintings, 12 luxury watches, $2M in cash and $500,000 in banks
 
 
 
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