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Corruption schemes of Ukrainian President
17:34, 10 November 2017
Corruption schemes of Ukrainian President

Ukrainian president was recently featured in the 'Paradise Papers' scandal that exposed his offshore deals but he is a defendant in the corruption cases not for the first time

17:34, 10 November 2017

Press service of Ukrainian President

Petro Poroshenko, the President of Ukraine is involved in a number of tax evasion schemes and supporting of the Ukrainian elite in the betraying of the Ukrainian soldiers and ideals of the 2014 revolution as International Policy Digest reported.

Ukrainian president was recently featured in the 'Paradise Papers' scandal that exposed his offshore deals but he is a defendant in the corruption cases not for the first time.

Related: Ukrainian government should stop pushing anti-corruption activists, - Amnesty International

Initially, he was elected on the base of the anti-corruption platform in 2014 and his first promise was to sell his confectionary company Roshen. However, as it is seen from the 'Paradise Papers' and 'Panama papers' in April 2016, the Ukrainian president failed to fulfill his promise.

Poroshenko continued to own the company and hold the tax evasion schemes involving entities in Luxembourg, the Netherlands and Cyprus while Ukraine kept holding the war against pro-Russian militants in occupied territories of Donbas.

Related: Corruption costs 2% of economic growth for Ukraine, - IMF

The economy of Ukraine is also going through rough times and retarded. According to Moody's, the GDP of Ukraine in 2017-2018 will remain to be the lowest among the CIS countries and the average population takes the main brunt, including the 1.7 millions of the internally displaced people (IDPs).

However, the allies of Poroshenko make a profit from the Donbas war and the Ukrainian defense company 'Ukroboronprom' is the most prominent example. According to the company's data, it fulfilled 100% orders of the internal orders and 25% of the external in 2016. By the way, the company is ruled by Roman Romanov, the ally of Poroshenko.

Related: Corrupt MP under investigation detained at the airport

Talking about the betraying of the Ukrainian soldiers and ideals of the 2014 revolution, the present Ukrainian authority uses the Donbas was as an excuse to the current state of the country. However, the society of Ukraine cannot agree with such state of affairs and former Donbas soldiers provide the anti-corruption protests. The recent one was held near the building of the Verkhovna Rada and the main demands were to revoke the immunity from the MP, to establish the anti-corruption court and to change the voting system. As we can see Poroshenko submitted the draft law that will deprive the MPs of the immunity but it will come into force only 2020.

Related: Three demands of the opposition: Is Ukraine’s government ready to fulfill them?

Consequently, the high rate of corruption in Ukraine and the unwilling of the Ukrainian authorities to change the state in the country destroy the relations with the EU and the US that will not endlessly provide Ukraine with support in the fight against Russia.

 

 

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