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 Poroshenko and his business partners in government own 25 companies, - media

President Poroshenko still owns one company directly, while 10 others are owned by him through a closed non-diversified corporate fund "Prime Assets Capital."

As reported by Censor.NET, this is stated in an investigation by Scheme TV show - a joint project of Radio Liberty and Ukraine's First National Channel, referring to the open state registers.

Read more: President instructs to audit use of state funds, loans spent to prepare for Euro 2012

The ultimate owner of the fund is the president himself and its head is his father Oleksii Poroshenko. The fund has assets in various sectors, in particular: agricultural companies - Krokhmalprodukt, Ukprominvest-Ahro; media - 5 Channel, Truskavetske TV, Drohobych radio, "Ekran" firm, and some industrial enterprises.

In addition, according to media, deputy chairman of Poroshenko's faction in the Parliament Ihor Kononenko and National Security and Defense Council First Deputy Secretary Oleh Hladkovskyi remain president's business partners. They jointly own a sports club "5th Element." Their funds are managed by an asset management company "Fusion Capital Partners" registered at the same address as a major part of partners' firms - 29a Elektrykiv Str., Kyiv. The mentioned sports club is located at the same address.

Read more: Russia's Investigative Committee seizes property of Poroshenko's Roshen factory in Lipetsk

порошенко гладковский кононенко

Within two weeks of the story preparation, the journalists failed to get Poroshenko's comments on the leaked materials, despite numerous telephone and written inquiries to his press service.

Overall, Poroshenko, Kononenko and Hladkovskyi own 25 companies in different parts of Ukraine, one of them - PJSC "Insurance Company "Kraina" - is directly owned by these powers-that-be and not through the funds.

порошенко гладковский кононенко

Foreign experts say such concentration of business and government is rather risky due to direct conflict of interests.
 
 
 
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