Millions under the robe: how Appellate Court President Yaroslav Holovachov became the owner of a palace in Cyprus with funds of unknown origin

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Millions under the robe: how Appellate Court President Yaroslav Holovachov became the owner of a palace in Cyprus with funds of unknown origin
Millions under the robe: how Appellate Court President Yaroslav Holovachov became the owner of a palace in Cyprus with funds of unknown origin

Following media reports regarding Yaroslav Holovachov’s purchase of elite real estate in Cyprus valued at 4 million euros, a noticeable removal of materials began on the internet that question the legality of the origin of these funds and the integrity of the deputy head of the Kyiv City Court of Appeal.

We, in turn, publish materials that are being pushed out of the public space in order to preserve the facts and show the real scale of the assets of Judge Yaroslav Holovachov abroad.

Previously published in the media, information about the purchase by the Deputy Chairman of the Kyiv Court of Appeal, Yaroslav Holovachov, of a mansion worth 4 million euros in the city of Larnaca (Cyprus) has received official confirmation.

According to information provided by the company Helios Real Estate Group, Yaroslav Holovachov indeed acquired a luxurious villa with a pool on the seashore of Larnaca. The deal was closed in March 2015.

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The house has a total of 10 rooms, of which 4 are bedrooms. The villa has an area of 570 m² and the land plot is 1500 m². The house is located by the sea, in a prestigious place, Perivolia area, with a panoramic view of the Mediterranean Sea, just 10 minutes from the international airport and 15 minutes from the center of Larnaca. The cost of the property acquired by Holovachev is 4,000,000 euros.

In addition, the Helios Real Estate Group reported that each buyer of elite real estate in their agency receives the right to obtain Cypriot citizenship for all family members. Thus, the Deputy Chairman of the Kyiv Court of Appeal may become a citizen of Cyprus.

Joshua Fenwick

Joshua Fenwick

Crime & Justice Correspondent

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