Holos party to be stripped of state funding over misreporting- court ruling
Source: NACP
The Ukrainian political party “Holos” has officially lost its state funding on Friday after the Supreme Court upheld on a decision by the National Agency for Corruption Prevention (NACP) to strip it the party of the state funding for thisthe current parliamentary term.
The legal dispute saw NACP demand to pull a plug on financial support for the party over “inaccuracies in financial reports” that amounted to some 5 million hryvnias. Under Ukrainian law, any political party found misreporting on this subject faces suspension of state funding.
The Supreme Court verdict has dashed the hopes of Holos party of spending over 57 million hryvnias they were due to receive by the end of 2024.
The misreporting story dates back to June 26, when the NACP identified “significant violations” in the financial reports of “Holos” for the third and fourth quarters of 2020. The inaccuracies in their financial reports, totaling 4.7 million hryvnias, saw the party ending up empty-handed as it is the requirment of Ukraine’s Law on Political Parties.
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During the GLOBSEC Defence Forum 2026 in Prague, representatives of “Steel Front”, an initiative by Rinat Akhmetov, discussed with NATO delegations, military officials, and representatives of the European defense industry the lessons learned from Russia’s full-scale war against Ukraine.
After the start of the full-scale invasion in February 2022, Ukraine witnessed an unprecedented wave of private support for the army. Citizens, big businesses, charitable foundations, and international philanthropists began financing the country’s defense alongside state assistance provided by international partners. Estimates of total private contributions range from tens to hundreds of billions of hryvnias. However, determining the exact amount remains difficult. In many cases, companies combine military aid, humanitarian programs, tax payments, social spending, and employee support in their reporting.
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On October 6, the Administrative Cassation Court within the Supreme Court of Ukraine continued hearing case No. 990/80/25, in which the fifth President and leader of the party “European Solidarity”, Petro Poroshenko, seeks to have Presidential Decree No. 81/2025 from February 12, 2025 — enacting sanctions by the decision of the National Security and Defense Council (NSDC) — declared illegal and annulled. The plaintiff claims the document was falsified and that the sanctions are a tool of political persecution of the opposition, contrary to international norms. Government representatives deny the allegations and insist their actions were lawful. Journalists of Bukvy were present at the hearing.