Andrei Portnov, who heads the Institute of Legal Reforms in Moscow, started his own investigation and found out that two Austrian companies, J B Park GMbH and Bogdan Holding GmbH, have one director, one address and, via a network of offshore firms, control the bulk of the confectionery, auto and agricultural assets owned by the Ukrainian president.
Portnov also found out that Poroshenko’s Austrian-based companies operate a web of smaller firms registered in Britain, Panama, Cyprus and other countries and earning millions of euros, none of which Poroshenko pays as a tax.
Portnov believes that Petro Poroshenko is now facing a private international probe into his financial dealings in offshore zones, tax evasion, legalization of shady earnings and unconstitutional power sharing plotted on EU territory.
