Rothschild confirmed transfer of Poroshenko’s business into “blind trust”


Rothschild Asset Management Inc. has confirmed the transfer of the Roshen confectionery factory owned by the president of Ukraine Petro Poroshenko in trust.

According to Reuters, it was said in the company’s statement from April 7.

“Trust is up to international standards for politicians who need to transfer their assets while they are in office,” – said in a commentary.

As UNIAN reported earlier, on April 3 so-called “Panamanian documents” were released on the use of offshore companies by many influential politicians of the world, including Ukraine‘s president Petro Poroshenko.

The same day, Ukrainian media reported that Poroshenko founded 3 offshore companies for Roshen’s asset restructuring.

Immediately after that, Poroshenko’s financial advisors said that Roshen was transferred to the trust, and the president has nothing to do with the management of this asset.



Image: Reuters