Allegations of tax evasion against Poroshenko unfounded and related offshore company was established in accordance with the legislation of Ukraine, stated in his comments to Reuters law firm Avellum charged with managing the sale by the company of Poroshenko’s “Roshen”.
“The creation of external structures does not affect the tax liabilities of the group Roshen in Ukraine, which continues to pay taxes” — said in a statement Avellum.
In its announcement the company also said that any allegations of tax evasion addressed to Poroshenko “are baseless”.
On the eve of the international consortium of investigative journalists (ICIJ) published an inquiry, based on more than 11 million documents from the Panama Mossack Fonseca company involved in the transaction and the registration of offshore companies.
One of the heroes of the investigation became the President of Ukraine. According to ICIJ, the company Prime Asset Partners Ltd registered in the British virgin Islands in 2014 after the election of Poroshenko as head of Ukraine, became the holding company for Ukrainian and Cyprus entities of Corporation “Roshen”, belonging to the Ukrainian leader. The President of Ukraine specified the sole owner of Prime Assets Ltd, he did not mention the company in their returns for 2014-2015.
Legal Advisor Poroshenko Makar Pasenyuk said that Prime Assets Ltd was established to prepare for the sale of assets of the President in accordance with the requirements of the legislation of Ukraine.
Himself Poroshenko in his address about the scandal with offshore companies in Facebook said that he withdrew from the management of assets and instructed his consulting companies, when he became President of Ukraine. According to Poroshenko, they must provide “a full explanation for the Ukrainian and international press.”
On the publication of ICIJ and reacted in the Ukrainian Parliament. Leader of the Radical party of Ukraine Oleg Lyashko said that his faction will initiate the procedure of impeachment of the President in connection with an offshore scandal. At the same time, the National anti-corruption Bureau of Ukraine (NABU) stated that it cannot begin an investigation against Poroshenko, because he is the current President, while legislation implies that persons under investigation, the Bureau may be the only officials, whose powers are already discontinued.
The Prosecutor General’s office of Ukraine, in turn, said that he sees no offence in connection with reports about the offshore Poroshenko.