View Single Post
Old April 1st, 2019 #4737
Robbie Key
Senior Member
 
Robbie Key's Avatar
 
Join Date: Jul 2014
Posts: 3,910
Robbie Key
Default

Taxes of Ukraine’s Poroshenko show his income jumped 10,000% thanks to Rothschild Trust
Published time: 1 Apr, 2019 11:34
Edited time: 1 Apr, 2019 11:42
Get short URL

Quote:
The annual income gains of Petro Poroshenko, who is currently fighting for a second presidential term in Ukraine, saw a nearly hundredfold surge in 2018, the president’s tax documents reveal.

According to the Ukrainian unified register of asset and income declarations, Poroshenko’s fortune totaled 1.56 billion hryvnia (US$57 million) over 12 months through March 31, which is 95 times as much as he reported in the same period a year ago. In 2017, Poroshenko’s gains reportedly reached 16.3 million hryvnia ($600,000).

Most of Poroshenko’s income – around $40.4 million – reportedly comes from return on investment in Zurich-based Rothschild Trust Schweiz, a trust subsidiary of Rothschild Bank AG. The Ukrainian president also earned $14.7 million in profit from the Prime Assets Capital investment fund, while returns on domestic government loan bonds amounted to nearly a million dollars.

Poroshenko reportedly received around $30,000 from property sales, with more than $14,000 reportedly received from his wife Marina Poroshenko. Meanwhile, his official paycheck totals $12,400.

The average monthly salary in Ukraine in September 2018 was 9,042 hryvnia (about $320), according to the country’s State Statistics Service.
https://www.rt.com/business/455251-p...dfold-ukraine/