New Ukrainian finance minister apologises for offshore declaration error

Newly-appointed Ukrainian Finance Minister Oleksandr Danyliuk attends a parliament session in Kiev, Ukraine, April 14, 2016. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - Ukraine's Finance Minister Oleksandr Danyliuk, who has come under fire over alleged offshore assets, apologised on Thursday for failing to declare that he was director of two firms in Cyprus and one in the Cayman Islands while in public office.

In Ukraine, there is growing public interest in overseas assets, after the 'Panama Papers' revealed that President Petro Poroshenko placed his business assets in an offshore account, forcing him to deny accusations of tax evasion.