People's Deputy Petro Poroshenko was exposed in financial transactions with government securities (government bonds), which the oligarch bought through his bank for donations from Ukrainians. The main tool for making money was the MP's charitable foundations, which raise money for the Armed Forces but direct it to the leader of Eurosolidarity,” says a journalistic investigation by the Comments.ua publication
According to the information, not one, but 3 charitable foundations associated with Poroshenko are collecting money from the public.
“According to tax reports, the NGO “Solidarity of Communities” received UAH 152.2 million in 2022 and UAH 203.7 million in 2023. “The Poroshenko Foundation received UAH 203.9 million and UAH 357.6 million, respectively. And the ROSHEN Foundation - UAH 366.7 and 516.43 million. According to estimates, investments in securities will allow politicians to earn 32% of their profits in almost two years (22 months). Moreover, this profit will also not be taxed,” the journalistic investigation says.
Moreover, the journalists note that Poroshenko's funds make all payments and purchases of securities through his International Investment Bank.
“He received at least UAH 1.5 million in commission for the cash and settlement services for the purchase of government bonds from the bank alone. In other words, the politician is actually earning double through this scheme,” the media write.
The journalists also emphasize that Poroshenko's charity work is punishable by law.
“Charitable foundations are non-profit organizations, and therefore cannot earn money, while Poroshenko uses them to buy government bonds, which are investments, making a significant profit even while making payments. And this is a matter of criminal liability: according to Part 3 of Article 201-2 of the Criminal Code of Ukraine, the use of charitable donations for profit during martial law is punishable by imprisonment for a term of five to seven years with confiscation of property,” the article summarizes.
As was reported earlier, the leader of the European Solidarity Party, Petro Poroshenko, who is officially suspected of treason for trading with the SADLR, enriched himself to $1.2 billion over the past year and became one of the top three oligarchs along with Akhmetov and Pinchuk. Instead, he had to transfer his wealth to his fugitive son Oleksiy in order not to be associated with enrichment during the war.