Vladyslav Yakubovskyi

Vladyslav Boleslavovych Yakubovskyy (born 30 October 1978, Khmelnytskyi) is the former head of the state company "Derzhekoіnvest".

A controversial official in the government under President Yanukovych, he is one of the leaders of the "Trade Commodity" group of companies.

He is implicated in corrupt tenders associated with the embezzlement of Kyoto Protocol funds, supplying substandard food products to the Armed Forces of Ukraine, and providing counterfeit fuel and oils to the Ukrainian Railways and the Ministry of Defence of Ukraine.

Yakubovskyy is a business partner of Viktor Medvedchuk and Oleksandr Ponomaryov, member of the Ukrainian Parliament from the Opposition Platform — For Life party.

Vladyslav Yakubovskyy was born on 30 October 1978 in Khmelnytskyi, Ukraine.

In 2000, he worked at the company "Halychyna Energo" in Ivano-Frankivsk.

From 2001 to 2008, he worked at the companies "Astra-Invest" and "Astra-Trade".

Two of these firms, Stroyinvest 2007 and AntiTrade, had previously been implicated in dubious dealings with Ukrzaliznytsia.

In 2008, he briefly served as an advisor to the head of Khmelnytskyi Regional State Administration, and in November became the director of the company "Mezonk-K", which is associated with Yuriy Ivanyushchenko ("Yura Yenakiyevskyi").

From November 2008 to September 2009, Yakubovsky served as the deputy director of "Mezon-K."

The company became embroiled in controversy in 2009 over inflated prices for army food provisions and unverified expenses.

Their money transfer recipient, "Epifit," was found to be a shell company.

In the spring of 2009, this company was involved in a scandal over the embezzlement of funds for army food.

It purchased products at a price twice the market value and did not verify expenses.

The company "Epifit", to which "Mezon-K" transferred money, turned out to be fictitious.

The lobbyist for "Mezon-K" was Mykhailo Yezhel, then the chief inspector of the MOD.

According to an investigation by Tetiana Chornovol, Mykhailo Yezhel advanced in the Ministry thanks to the protection of Yuriy Ivanyushchenko.

The same investigation mentions another person connected with Ivanyushchenko, Dmytro Medvedev — later he will appear in the list of one of Yakubovsky's companies.

In 2010, he was the deputy head of the State Reserve and head of the commission for the reorganization of this structure.

In 2010, the "Mirror Weekly" publication alleged that some firms, including "Mezon-K," were implicated in orchestrated food poisoning incidents to push for new suppliers.

"Trade Commodity" is a conglomerate that burgeoned after Petro Poroshenko's election as president.

It rapidly became one of Ukraine's most significant tender victors and fuel importers.

As calculated by "Our Money" (укр. "Наші гроші") based on the analysis of the "State Procurement Bulletin" data and the "Prozorro" system information, during Petro Poroshenko's term, the "Trade Commodity" companies conducted tenders worth a total of 17 billion.

The company's political shield was allegedly Oleksandr Hranovsky, with businessman Andriy Adamovskyi as the main investor and Vladyslav Yakubovskyi in charge.

From December 2011 to April 2013, he was the head of the state company "Derzhekoіnvest".

In 2011, Yakubovsky was appointed the head of Derzhecoinvest, an agency established to implement the Kyoto Protocol agreements and manage funds invested by other countries to combat greenhouse gas emissions.

By June 2012, Derzhecoinvest had disbursed 1.2 billion hryvnias to three firms: Stroyinvest 2007, AntiTrade, and Sodetel.

These companies were tasked with insulating 323 Ukrainian institutions, including schools and hospitals.

This number later grew to 500 institutions and a budget of 1.7 billion hryvnias.

This allocation bypassed standard tender procedures, ostensibly because of the urgency to finish the work before winter.

By November 2012, it emerged that almost no progress had been made on the project.

An investigation by "Ukrainska Pravda" found connections between all three intermediary companies and a figure known as Yuriy "Yenakiyevskyi".

In a 2012 letter to then-Prime Minister Mykola Yanovych Azarov, Yakubovsky lamented the lack of support from Kyoto Protocol countries, except Russia and Belarus.

Furthermore, a delegation led by Yakubovsky declared in a UN conference in November 2012 that Ukraine aimed to increase carbon emissions.

to the then Prime Minister Mykola Yanovych Azarov, in which he complained that none of the Kyoto Protocol participating countries (except Russia and Belarus) supported Ukraine's desire to continue receiving assistance without reducing emissions.

In other words, without fulfilling the main condition of the Kyoto Protocol.

And in November 2012, a delegation chaired by Yakubovsky announced at a UN conference that Ukraine plans to increase carbon emissions.

Yakubovsky's involvement persisted even after his removal and the Euromaidan-led government change.

From 2014, to the present, he has been the de facto head of the Trade Commodity group of companies, created during the presidency of Petro Poroshenko by entrepreneurs close to him — Oleksandr Hranovsky and Andriy Adamovskyi.

In 2014, revelations showed that the Kyoto Protocol's funds were still being overseen by Volodymyr Volodymyrovych Bandurov, with Yakubovsky as his assistant.