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Poroshenko has created three offshore for restructuring Roshen asset - journalistic investigation 04/04/2016 20:08:55. Total views 875. Views today — 0.

President Petro Poroshenko has not yet transferred his assets to the trust but started restructuring of Roshen assets by creating three offshore companies. This is stated by the investigation of Anna Babinets “Double Life of President” for Slіdstvo.Іnfo programme, - reports UNIAN.

"The actual transfer of assets to the trust requires adherence to a significant amount of legal formalities. At the moment, a legal adviser ensured adherence to such formalities," - says the managing director of ICU\ Makar Pasenyuk authorized by the press service of the Presidential Administration to respond to journalists' questions regarding the business affairs of Petro Poroshenko. The trust in the letter is referred to exclusively in the future tense.

In response to a question regarding the Prime Asset Partners Limited (BVI) company, which Poroshenko founded in August 2014, it became clear that the offshore company was not the only one.

«Prime Asset Partners Limited was founded in the summer of 2014 in the course of corporate restructuring, which was a preparatory stage for further sale of Roshen group. In the fall of 2014 Prime Asset Partners Limited established company CEE Confectionery Investments Limited in Cyprus, which in its turn established Roshen Europe BV based in the Netherlands.»

The sole owner of Prime Asset Partners Limited was not indicated as a citizen of Ukraine Petro Poroshenko.

However, the President did not mention his new offshore company and "supportive" companies in the financial declaration for 2014 which is another violation of the law. There is no information about them in the declarations for 2015. According to Mossack Fonseca, Prime Asset Partners performs the role of a holding company for the Ukrainian and Cypriot structures of Roshen confectionery corporation. The source of funds should be "revenue from commercial activities."

According to lawyers, "shares of Prime Asset Partners Limited have no par value. According to the requirements for the declaration of assets in 2014, only information on shares with nominal value had to be included in the declaration. "

However, the media have received a document which confirms that the President is the owner of 1,000 shares, each is worth $ 1.

Legal advisers to Poroshenko justify the creation of an offshore pyramid of the President by "correspondence to market practice in Ukraine for the companies to be sold to strategic investors."