Declarations by the Kyiv City Council deputy from the Unity faction, Deputy Chairman of the Commission on Property and Regulatory Policy, Kostyantyn Brovchenko, demonstrate a systematic practice of understating the value of property, selective display of assets, and formal avoidance of declaring financial liabilities, 190 Today reports.
Financial assets and liabilities
In his 2020 declaration, Brovchenko indicated UAH 13.5 million in cash, about UAH 5 thousand in accounts, and over UAH 59 thousand in cash with his wife, while a debt to Appel LLC in the amount of UAH 1.4 million was recorded.
In 2021, the deputy declared 14 land plots, but the plot with an area of 2.9197 hectares worth 109 thousand UAH was not reflected. In the same year, the wife purchased an apartment in the center of Kyiv with an area of 84.1 sq. m for 2.7 million UAH and, together with her husband, a land plot with an area of 21.9125 hectares for 1.3 million UAH, which is not included in the declaration.
Also, information about 12 companies whose beneficiary was previously Brovchenko disappeared from the declaration, including Kyiv BPC LLC, SF Ukraine Properties, and Kyivkhlib Agro, which appears in criminal proceedings regarding fraud with Alliance Bank funds.
The returnable financial assistance in the amount of UAH 500,000 is reflected in the declaration as income, although by law it is a financial obligation.
Undervaluation and concealment of property
In the 2022 declaration, most of the land plots disappeared, some were sold, some were transferred to the authorized capital of Appel LLC, but were only partially reflected in the declaration.
In 2023, Brovchenko began using the normative assessment of land instead of the actual value. Thus, seven plots with a real value of over 2 million UAH were declared as 723 thousand UAH. The deputy's wife purchased real estate in Buchanskyi district, an apartment in the center of Kyiv for 3.1 million UAH and a ZEEKR 001 car worth 2.2 million UAH, but these assets are not listed in the declaration.
According to the results of 2023, with a family income of over 1 million UAH, cash assets decreased from 14.8 million UAH to 8.94 million UAH. At the same time, real estate, cars and land plots were purchased, and 900 thousand UAH were contributed to the authorized capital, which creates a gap of at least 1.75 million UAH. An apartment for 3.1 million UAH is payable by October 25, 2025, but the corresponding financial obligation is not reflected.
The totality of these facts indicates systematic false declarations, understatement of the value of assets, and concealment of liabilities, which is why Kostyantyn Brovchenko's declarations are formal in nature and do not reflect the real property status of the deputy and his family.
