UJ.com

Top 2 

                        SATURDAY, FEBRUARY 14, 2026
Make Homepage /  Add Bookmark
Front Page
Nation
Business
Search
Subscription
Advertising
About us
Copyright
Contact
 

   Username:
   Password:


Registration

 
GISMETEO.RU
UJ Week
Top 1   

    
Nation    

Zelensky seeks to justify offshore account
Journal Staff Report

KYIV, Oct 4 - President Volodymyr Zelensky’s office has sought to justify his use of offshore companies as protecting him against pro-Russian forces, following leaked revelations in the Pandora Papers, Al-Jazeera reported.

A former comedian, Zelensky was elected president in 2019 on promises to fight corruption and reduce the influence of oligarchs in the ex-Soviet country.

But the files obtained by the International Consortium of Investigative Journalists (ICIJ) and published on Sunday claimed that Zelenskyy and his partners established a network of offshore companies back in 2012.

The Pandora Papers are based on documents leaked to the ICIJ and exposed the offshore dealings of kings, presidents and prime ministers, including Jordan’s King Abdullah II, Czech Prime Minister Andrej Babis and Kenyan President Uhuru Kenyatta.

According to its findings, two of the offshore companies belonging to Zelensky’s partners were used to buy three lavish properties in central London.

The report also found that Zelensky, just before he was elected, transferred his stake in one of the offshore companies to his top aide Serhiy Shefir – the target of a shooting attack last month.

An adviser to Zelensky’s chief of staff said on Monday that the president had created the offshore companies to “protect” the group’s incomes against the “aggressive actions” of the “corrupt” government of then pro-Russian President Viktor Yanukovych.

“Journalists have de facto confirmed the president’s absolute respect for the standards of anti-corruption legislation,” Mykhailo Podoliak told the AFP news agency.

Podoliak, however, did not comment on the details of other revelations from the investigation, which said that the president’s wife has continued to receive dividends from an offshore company.

Supporters of another ex-president, Petro Poroshenko – a billionaire defeated by Zelensky in 2019 and who also appeared in an earlier investigation into offshore companies – accused Zelenskyy of tax evasion.

“He and his accomplices took funds offshore without paying any taxes to the Ukrainian budget,” Iryna Gerashchenko, a lawmaker from Poroshenko’s faction, wrote on Facebook.

Before becoming president, Zelenskyy played a history teacher in a comedy series who was elected president after denouncing endemic corruption.

In his election campaign, he cultivated an image of a leader seeking to “break the system” and promised a fierce fight against corruption in one of Europe’s poorest countries. (aj/ez)




Log in

Print article E-mail article


Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

OTHER NEWS

Ukrainian Journal   
Front PageNationBusinessEditorialFeatureAdvertisingSubscriptionAdvertisingSearchAbout usCopyrightContact
Copyright 2005 Ukrainian Journal. All rights reserved
Programmed by TAC webstudio