Poroshenko demanded an explanation from management of its assets

The President of Ukraine Petro Poroshenko has denied the accusations that led to offshore his company “Roshen” and has not specified in its Declaration. “I’m the only official in Ukraine that is serious about declaring their income, taxes and issues of conflict of interest, are solved in the framework of the Ukrainian legislation and international private law. As President, I have moved away from asset management by hiring a relevant consulting and legal companies,” he said.

He said that he expects that “provide a full explanation for the Ukrainian and international press.”

Earlier on Monday, 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 oftommy scandal. Also on behalf of the faction, he demanded to create in the Parliament a special temporary investigative Commission “to investigate the facts of the existence of secret offshore companies and accounts to the President of Ukraine Petro Poroshenko”.

Lyashko stressed that the formation of offshore companies the President is “the avoidance of taxes, corruption, tax evasion, false information in declarations of state officials,” and added: “the Implementation of business as President is an abuse of position. And generally the height of cynicism — the discovery of offshore companies at a time when hundreds of our soldiers killed in Ilovaisk in August 2014”.

The national anti-corruption Bureau of Ukraine (NABU) meanwhile said that can’t start an investigation against Poroshenko from procedural considerations. The reason for this is that he is the current President, explained in the Department, while the legislation implies that persons under investigation, the Bureau may be the only officials, whose powers are already discontinued.