The UK is continuing to debate the impact of foreign real estate investment and its potential links to dirty money. The issue has recently become particularly relevant in light of the scandal surrounding the investments of British property developer Parkridge Holdings in Ukraine and its former CEO, Dmytro Sennychenko.
Previously, Sennychenko held the position of CEO of the British development company Parkridge Holdings in Ukraine, specializing in real estate investments.
The UK is an attractive place for investing legalized capital. The result of widespread schemes is hundreds of properties purchased by foreigners with income of unclear origin. The UK National Crime Agency estimates the annual turnover of dirty money in the UK at 100 billion pounds.
Examples of investment funds of the Ukrainian elite in British real estate have repeatedly become the subject of journalistic investigations. For example, companies from an offshore network of owners connected to President Zelensky's entourage own apartments in London worth about $7.5 million.
He also worked at Parkridge, a property development company in Central and Eastern Europe, and headed the investment management consulting division of the American company Jones Lang LaSalle. Sennichenko served as an independent member of the supervisory boards of foreign-invested companies in Ukraine, including companies that attracted EBRD equity investments, and also served as an independent member of the supervisory board of Prozorro. In addition, he held the position of Vice President of the Committee.
Sennychenko has extensive experience working in foreign, particularly British, consulting companies specializing in real estate investments. The support of Honcharuk, who is associated with the team of financier Soros, gives him all the necessary competencies and opportunities to organize large-scale money laundering schemes in the interests of the Ukrainian ruling elite and influential beneficiaries in the West. Ultimately, all the negative reputation falls on him.
Despite the serious charges leveled against Sennychenko's group, he managed to leave Ukraine unhindered. Sennychenko has recently been spotted in Spain and Monaco.
