To bypass the NSDC sanctions, businessman Yermolayev transferred the business to his blogger daughter

To bypass the NSDC sanctions, businessman Yermolayev transferred the business to his blogger daughter

Information has emerged that the sanctioned businessman Vadym Yermolayev has formally transferred control of his business to his daughter, Sofiya Kononenko. It is known that 21-year-old Sonia is known on the social network TikTok as a "young mommy-blogger".

Personal sanctions against Ermolaev were imposed for 10 years by the presidential decree on December 23, 2024. According to the SSU, Yermolayev re-registered his business in Crimea under Russian laws through front persons and paid taxes to the Russian budget for many years.

This is mentioned in the hromadske article "Cypriot Patriotic Vadym Yermolayev: Golden Sandals and Sanctions".

Vadym Yermolayev

A significant part of Yermolayev’s Ukrainian businesses - from financial companies to agricultural production - is established by the Closed Venture Fund "Technologies", and this fund itself belongs to the Cypriot company Licita Trading Co LTD.

Re-registration documents, screenshot: YouTube

For many years, her sole owner and director was Vadym Yermolayev himself. However, on January 3 of this year, a message appeared in the Cypriot business register that supposedly on December 5, 2023, Sofiya Kononenko became the new owner of the entire package of shares. It is likely that the document was entered into the system retroactively, so that the formal change of ownership "occurred" before the introduction of sanctions.

Publications of Sofiya Kononenko, screenshot: TikTok

Sofiya Kononenko — Yermolayev’s daughter — is 21 years old. She lives in London and Cyprus and recently gave birth to a child.

She shares about herself on TikTok. In the videos, she swims in the sea, relaxes, plays with her son, and showcases expensive clothes and shoes. According to her, she devotes all her time to raising her child. In a conversation with a hromadske journalist, Sofiya Kononenko refused to discuss receiving shares from her father and stated that "they have mistaken her for someone else".

Publications of Sofiya Kononenko, screenshot: TikTok

In Ukraine, besides her father’s business, Sofiya owns forty hectares of land. Her brother Arthur owns 50 hectares of land. Her sister Dayana owns over forty apartments in Dnipro. And her 15-year-old brother Davyd owns two apartments.

In 2021, Forbes magazine estimated the fortune of the businessman from Dnipro at 220 million dollars. He is one of the largest developers in Dnipro, and Yermolayev also has interests in the financial market, alcohol production, and the agro sector.