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New Panama leaks show offshore firm linked to associate of Ukraine's Poroshenko
Source: Reuters
World | Tue May 10, 2016 3:27pm EDT
New Panama leaks show offshore firm linked to associate of Ukraine's Poroshenko
KIEV | BY NATALIA ZINETS
A deputy director of Ukrainian President Petro Poroshenko's confectionery empire is a beneficiary of a company registered in the British Virgin Islands (BVI), according to new information from the leaked "Panama Papers".
The link to Sergei Zaitsev is potentially embarrassing for Poroshenko because he said in April he wanted to pass a law requiring Ukrainians to disclose all their offshore holdings in an attempt to force them to pay tax in their home country.
Serhiy Leshchenko, a prominent lawmaker in Poroshenko's faction, told Reuters on Tuesday that a special investigative commission should be set up to probe Poroshenko's business dealings as a result of the latest allegations.
A spokeswoman for Roshen, Poroshenko's confectionery business, declined to comment. She also said Zaitsev was absent and could not comment.
According to a database of documents from the Panama Papers made public on Monday by the International Consortium of Investigative Journalists (ICIJ), Zaitsev is a beneficiary of Intraco Management Ltd, registered in the British-ruled tax haven.
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New Panama leaks show offshore firm linked to associate of Ukraine's Poroshenko
KIEV | BY NATALIA ZINETS
A deputy director of Ukrainian President Petro Poroshenko's confectionery empire is a beneficiary of a company registered in the British Virgin Islands (BVI), according to new information from the leaked "Panama Papers".
The link to Sergei Zaitsev is potentially embarrassing for Poroshenko because he said in April he wanted to pass a law requiring Ukrainians to disclose all their offshore holdings in an attempt to force them to pay tax in their home country.
Serhiy Leshchenko, a prominent lawmaker in Poroshenko's faction, told Reuters on Tuesday that a special investigative commission should be set up to probe Poroshenko's business dealings as a result of the latest allegations.
A spokeswoman for Roshen, Poroshenko's confectionery business, declined to comment. She also said Zaitsev was absent and could not comment.
According to a database of documents from the Panama Papers made public on Monday by the International Consortium of Investigative Journalists (ICIJ), Zaitsev is a beneficiary of Intraco Management Ltd, registered in the British-ruled tax haven.
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Read more: http://www.reuters.com/article/us-panama-tax-ukraine-idUSKCN0Y12HQ
