Hennadiy Balashov

Hennadiy Balashov Геннадій Балашов
People's Deputy of Ukraine
In office May 1998 – April 2002[1]
Personal details
Born	Hennadiy Viktorovych Balashov (1961-02-20) 20 February 1961 (age 63) Dnipropetrovsk, Ukraine
Political party	The Libertarian party 5.10
Residence(s)	Kyiv, Ukraine
Alma mater	Dnipropetrovsk National University
Occupation	Politician, businessman
Profession	Economist
Website	http://www.balashov.com.ua/

Hennadiy Viktorovych Balashov (Template:Lang-uk, born 20 February 1961, Dnipro, USSR) is a Ukrainian businessman, blogger, politician and leader of 5.10 political party.^[1][2] He is an advocate of a radical reform of Ukraine's tax system, so-called "Tax Paradise for humanity".

During Euromaidan events, Balashov sided with the protesters and was actively campaigning for his ideas, calling for the introduction of 5.10 system. At the beginning of March, as the crisis in Crimea was deepening, he travelled to Simferopol, but was kidnapped by allegedly local self-defense forces.^[3] Upon his release and return to Kyiv, Balashov said that he was kidnapped, robbed and was being beaten for eight hours by local bandits.^[4]

In the early elections of the President of Ukraine in 2014, Gennadiy Balashov and his party "5.10" supported Petro Poroshenko in order not to let Yulia Tymoshenko win the election.^[5]

On 19 September 2018, the leader of the 5.10 party, Gennadiy Balashov, announced his intention to nominate his candidature for the presidential election of Ukraine on 31 March 2019.

Balashov urged party members and party supporters to finance his election campaign through contributions to the party account. The reports of the party indicated that at the beginning of 2019 1.2 million UAH were collected. This is 47% of the collateral (UAH 2.5 million), which should be submitted by the candidate to the CEC for registration. Balashov pledged to add the rest of his own money.

On 15 January, registration documents were submitted to the CEC. On 18 January, the CEC approved the candidate.

Balashov has a wife and three children – daughters Julia, Daria and son Gennady.^[6]

On 22 January 2021 the National Police of Ukraine opened a criminal case against Balashov as he received funds totaling $28,000 as an investment in the construction of an elite apartment building. However, after the house was built, he did not give the investors their funds, but instead began to lease the premises of the house for office rent.^[7][8]

The erection of a house by Balashov in the buffer zone of the UNESCO World Heritage Site "St. Sophia Cathedral and Adjacent Monasteries, Kyiv-Pechersk Lavra" caused a high resonance in society. Architects and archaeologists, including a representative of the Institute of Archeology of the National Academy of Sciences of Ukraine, said that Balashov built his house with numerous violations, which gives UNESCO the full right to exclude the Cathedral of St. Sophia and the adjacent monastic structures, the Kiev-Pechersk Lavra from the list of World Heritage Sites.^[9][10]

During the discussion of the Ukrainian language legislature at one of the all-Ukrainian TV channels, Balashov said that he spoke Russian out of principle^[11][12]

• "How to become an adventurer. Reflections of a millionaire "(2011)
• "The monarchy of the entrepreneur. How to become king? "(2014)

• Awarded the Order of Merit of the III degree.^[13]