New Panama leaks show offshore firm linked to associate of Ukraine's Poroshenko


  • World
  • Wednesday, 11 May 2016

KIEV (Reuters) - 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.

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