The family of the fifth president of Ukraine, Petro Poroshenko, owns a significant business empire that covers not only the Ukrainian market, but also foreign assets. As blogger and military serviceman Kyrylo Sazonov reports, these companies form asset pools thanks to unpaid taxes in Ukraine.
The Poroshenko family's business interests include agribusiness, media, financial services, glass production, and real estate. Profits received from unpaid taxes are legalized by investing in government and foreign securities, which accrue the appropriate interest. According to Sazonov, these percentages go to Poroshenko's "charity" projects, which actually perform a PR function.
Poroshenko is estimated to have been able to purchase military equipment such as drones and electronic warfare with government interest earned on domestic government loan bonds (OVDP) bought with money he did not pay in taxes. According to the information, the amount of these funds can amount to approximately 2.5 billion hryvnias, which is a significant part of the "charitable expenses" reported by the Poroshenko Foundation.
In addition, Poroshenko buys bonds through his International Investment Bank, which, as Sazonov notes, earns millions of hryvnias in the form of commissions on its owner's charitable actions.
According to the declaration, only in the first month of autumn 2024, Poroshenko became richer by one billion hryvnias, which is 125 times more than what he earned in the year before the Russian invasion. "It keeps the financial front, so to speak," added the serviceman, emphasizing the paradoxical situation in which business interests are combined with military efforts.
