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Poland urges EU to immediately deal with Paradise Papers
13:08, 6 November 2017
Poland urges EU to immediately deal with Paradise Papers

Paradise Papers for the chosen only is a fall of living standard for 99% of the society, according to Polish Vice Prime Minister

13:08, 6 November 2017

Open source

European Commission, European Parliament and the Council of European Union should immediately deal with the Paradise Papers - concealment of income by influential people in Europe and the world in the so-called "tax paradise”, said Vice Prime Minister and Minister of Development of Poland Mateusz Morawiecki Monday. This was reported by Ukrinform.

"Publication of Paradise Papers by the international group of journalists shows that the problem of "tax paradise" and participation of the global elite in concealing their property before the national tax authorities is a global problem, in spheres of power and business," Moravetsky said.

He noted that European Commission, European Parliament and the Council of European Union should immediately take to this issue.

Morawiecki said that existence of "tax paradise" for a long time was possible due to the involvement of "individuals and corporations from the front pages of newspapers".

Publication of Paradise Papers scams can become the “earthquake which will change the perception of the tax paradise forever,” he added.

Polish official noted that "tax paradise" is hospitals and roads not built in Poland, Hungary, Slovakia or Spain.

Related: Another offshore scandal: ICIJ releases The Paradise Papers

"Tax paradise" for the chosen is a fall of living standard for 99% of the society," Polish minister said.

As it was reported earlier Ukraine’s gas top manager Serhiy Oleksienko, whose name appeared in the Paradise Papers, owned an offshore company, which he used to draw the currency abroad – in the breach of the exchange restrictions. Hromadske web portal reported this, referring to the Paradise Papers.

Pioneer Foundation company existed for 14 months.

Serhiy Oleksienko had the respective account opened in the Bank of Cyprus, with Ukraine-based Alfa Bank performing operations.  

In summer 2014, Oleksienko joined the national joint stock company Natfogaz Ukraine; he was in charge of many perspective developments. Currently, he is the member of directors board at Ukrtransgaz company, the affiliate of Naftogaz, which is responsible for refining and storage of natural gas.

Related: FSB to hold large scale military drills in Crimea and offshore

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