International Consortium of Investigative Journalists (ISIJ) published a new journalist investigation called The Paradise Papers "A new leak of confidential records reveals the financial hideaways of iconic brands and power brokers across the political spectrum" on November 5.
A trove of 13.4 million records exposes ties between Russia and U.S. President Donald Trump’s billionaire commerce secretary, the secret dealings of the chief fundraiser for Canadian Prime Minister Justin Trudeau and the offshore interests of the queen of England and more than 120 politicians around the world.
The leaked documents, dubbed the Paradise Papers, show how deeply the offshore financial system is entangled with the overlapping worlds of political players, private wealth and corporate giants, including Apple, Nike, Uber and other global companies that avoid taxes through increasingly imaginative bookkeeping maneuvers
The leaked cache of documents come from registries of offshore firms from Bermuda Islands and in Singapore.
The Ukrainian investigation by Slidstvo.info revealed that President Poroshenko also has offshore companies. In reliance on the leaked documents, Slidstvo.info investigation states that Poroshenko has the offshore on Virgin Islands for tax mitigation of his Roshen company.
It is also known that the documents mention the names of another two Ukrainians – Serhey Alekseenko, a top-manager of Naftogaz, and Anton Prygodsky, former ally of fugitive Ukrainian President Victor Yanukovych.