May 05, 2022, 21:46 pm
(This post was last modified: May 05, 2022, 21:55 pm by Resurgence. Edited 1 time in total.)
Written by Christelle Néant
Published: October 5, 2021
The International Consortium of Investigative Journalists (ICIJ) has just published confidential data from 14 offshore service providers. Entitled Pandora Papers, the data reveals that Volodymyr Zelensky may have hidden part of his fortune through offshore schemes before the elections that put him in office in Ukraine.
It took more than 600 journalists working for over 150 media outlets in 117 countries to analyse and structure the 2.94 TB of data containing 11.9 million files from 14 offshore service providers. With this amount of data, the Pandora Papers are the largest leak of financial documents published by the ICIJ, and the largest collaborative journalistic investigation in the world.
The documents reveal how hundreds of politicians around the world hid part of their wealth offshore, in order to avoid paying taxes, or having to declare their real wealth or assets for political purposes.
Among the hundreds of names of politicians contained in the Pandora Papers are not only the name of Volodymyr Zelensky, but also a number of his relatives such as Sergey Shefir (the man whose car was recently shot), and his links to Igor Kolomoysky. The Ukrainian part of the Pandora Papers was published by the Ukrainian investigative website Slidstvo.info.
The Pandora Papers reveal that Volodymyr Zelensky and his entourage own offshore companies in the British Virgin Islands, Belize, and Cyprus, three flats in London worth $7.4 million, and that the Ukrainian president potentially received dividends from a company he no longer officially owns. The documents also reveal the Ukrainian President’s potential involvement in the laundering of $40 million belonging to Igor Kolomoysky, for which the oligarch has been placed under sanctions by the US.
Pandora Papers reveal how Zelensky may have hidden part of his fortune before the elections in Ukraine
Before the presidential elections in Ukraine, Volodymyr Zelensky and his wife owned a quarter of Maltex Multicapital Corp, which distributes the production of the comedy studio Kvartal 95. The Pandora papers documents indicate that three weeks before the elections, Zelensky gave his share to Sergey Shefir, who is now his assistant in the presidential office. In addition to Sergey, his brother, Boris Shefir, and Andrey Yakovlev, the scriptwriter of Kvartal 95, also have shares in the company Maltex Multicapital Corp.
Normally when a person sells or transfers his shares in a company he loses his rights to dividends. But the Pandora Papers reveal that Maltex Multicapital Corp was planning to pay dividends to Zelensky several weeks after he gave up his shares to Sergeyi Shefir. Paying dividends to someone who is no longer a co-owner of the company is illegal. It is not known whether or not the payment was actually made. Only the owners of the company know what finally happened.
But if confirmed, this information would prove that the Ukrainian President lied when he claimed, after the elections, that he no longer had any connection with this company, and that he lived mainly on his salary. And above all, neither he nor his family members indicate that they have received dividends in their tax declarations since 2018! If the payment of these dividends is confirmed, it is nothing less than a tax fraud. Clearly, the Pandora Papers reveal that Zelensky may have hidden part of his fortune through this offshore scheme, allowing his income to escape taxation in Ukraine.
But the offshore scheme does not end there. The Pandora Papers reveal that another close associate of Zelensky, SBU chief Ivan Bakanov, used a tax haven for his company Davegra Limited, registered in Belize. This company is the main owner of Maltex Multicapital Corp, and is said to be hiding details of the real owners, namely Zelensky, his wife and friends, says the Pandora papers investigation. In 2019, Bakanov sold the company to Yakovlev.
The Pandora Papers also reveal that Zelensky’s relatives bought three flats in London, managed by the same company, Maltex Multicapital Corp. According to the Pandora Papers, Sergey Shefir owns two London flats worth $5.1 million and Andrey Yakovlev owns the third, worth $2.3 million.
And these flats are not just anywhere: one is within walking distance of the British Parliament, another on the famous Baker Street, opposite the building where the fictional Sherlock Holmes character is said to have lived, and the third not far from the second flat. Such flats can easily be rented for over £2,300 a month (over €2,500).
Zelensky’s secret links to Kolomoysky’s shenanigans
While this first part of the Pandora Papers concerning Zelensky would in itself be enough to trigger impeachment proceedings against him in Ukraine, it is not the most scandalous part.
Indeed, the Pandora Papers reveal that Zelensky is allegedly involved in Igor Kolomoysky’s financial shenanigans, for which the oligarch has been placed under sanctions by the US.
The documents indicate that in 2012, the Kvartal 95 group of associates registered more than a dozen companies in the British Virgin Islands, Belize and Cyprus, with Maltex Multicapital Corp at the centre of the network.
The Pandora Papers reveal that 40 million dollars were transferred via the Cypriot branch of Privatbank (then owned by Igor Kolomoysky) to this network of companies as a “capital contribution” in a totally non-transparent manner. Moreover, one of the companies that headed Kvartal 95 had an account in this bank. The Cypriot branch of Privatbank was used by Igor Kolomoysky to launder millions of dollars.
This information from the Pandora Papers would confirm the information published after the Ukrainian presidential election, which indicated that Igor Kolomoysky had withdrawn more than 41 million dollars from offshore accounts at Kvartal 95.
But Maltex Multicapital Corp does not appear to have been the only company involved in the scheme. The Pandora Papers also mention the offshore company Candlewood Investment Limited, also linked to the entourage of Zelensky and Kolomoysky, and through which $10 million linked to Privatbank would have transited.
The image of Zelensky fighting the oligarchs is falling apart
While Zelensky hoped to make himself look good to the West with his bogus oligarchs law and to be able to run for a second term by presenting himself as the president who fights corruption and oligarchs, the Pandora Papers have just put a big dent in the wing of his political future.
If Zelensky avoids for the moment having to face an impeachment procedure thanks to the majority he has in the Rada, and the total lack of will of the President of the Rada to launch such a procedure against the head of state, the publication of the Pandora Papers is wickedly reminiscent of a remake of the Panama Papers, the publication of which in 2016 had undermined Poroshenko into re-election as head of the Ukraine.
Comically enough, Petro Poroshenko called the Pandora Papers a blow to Ukraine’s image and demanded that the accusations be investigated. And the silence in which the presidential office has remained will not help matters.
With all this information in mind, the recent assassination attempt against Sergey Shefir takes on a whole new dimension. It was Sergey Shefir and his brother, Boris, who created Zelensky’s network of offshore companies and to whom Zelensky passed them on before the elections. And it was to these companies that Kolomoysky’s money was transferred.
Clearly, Sergey Shefir knows too much about Zelensky’s dubious financial arrangements and Kolomoysky’s schemes, and if he were put under the right pressure, he could quite quickly reveal the potentially fictitious nature of the transfer of Zelensky’s shares to his assistant. If Shefir were to speak, Zelensky would face a trial for money laundering or worse. Not to mention Kolomoysky.
So it becomes interesting to look at who is behind the ICIJ, which published the Pandora Papers. When we look at who is funding this consortium of journalists, we discover George Soros’ Open Society Foundations, but also the Dutch National Lottery, which also funds Bellingcat.
But, as mentioned last year, if there is a war being launched against the oligarchs in Ukraine, it is not for the good of the country, but because the biggest world players, like George Soros, want to strip the only ones who still have valuable assets in the country: the oligarchs. And Igor Kolomoysky is the first one to be shot to bring down the others.
Zelensky, with his law on oligarchs, which is just a pretty facade with nothing behind it, tried to fool Soros and the United States, who were counting on this law to bring down the Ukrainian oligarchs and take back their assets. A monumental mistake that could cost him and his mentor Kolomoysky a lot.
https://www.donbass-insider.com/2021/10/...aNycGzNCH0
Published: October 5, 2021
The International Consortium of Investigative Journalists (ICIJ) has just published confidential data from 14 offshore service providers. Entitled Pandora Papers, the data reveals that Volodymyr Zelensky may have hidden part of his fortune through offshore schemes before the elections that put him in office in Ukraine.
It took more than 600 journalists working for over 150 media outlets in 117 countries to analyse and structure the 2.94 TB of data containing 11.9 million files from 14 offshore service providers. With this amount of data, the Pandora Papers are the largest leak of financial documents published by the ICIJ, and the largest collaborative journalistic investigation in the world.
The documents reveal how hundreds of politicians around the world hid part of their wealth offshore, in order to avoid paying taxes, or having to declare their real wealth or assets for political purposes.
Among the hundreds of names of politicians contained in the Pandora Papers are not only the name of Volodymyr Zelensky, but also a number of his relatives such as Sergey Shefir (the man whose car was recently shot), and his links to Igor Kolomoysky. The Ukrainian part of the Pandora Papers was published by the Ukrainian investigative website Slidstvo.info.
The Pandora Papers reveal that Volodymyr Zelensky and his entourage own offshore companies in the British Virgin Islands, Belize, and Cyprus, three flats in London worth $7.4 million, and that the Ukrainian president potentially received dividends from a company he no longer officially owns. The documents also reveal the Ukrainian President’s potential involvement in the laundering of $40 million belonging to Igor Kolomoysky, for which the oligarch has been placed under sanctions by the US.
Pandora Papers reveal how Zelensky may have hidden part of his fortune before the elections in Ukraine
Before the presidential elections in Ukraine, Volodymyr Zelensky and his wife owned a quarter of Maltex Multicapital Corp, which distributes the production of the comedy studio Kvartal 95. The Pandora papers documents indicate that three weeks before the elections, Zelensky gave his share to Sergey Shefir, who is now his assistant in the presidential office. In addition to Sergey, his brother, Boris Shefir, and Andrey Yakovlev, the scriptwriter of Kvartal 95, also have shares in the company Maltex Multicapital Corp.
Normally when a person sells or transfers his shares in a company he loses his rights to dividends. But the Pandora Papers reveal that Maltex Multicapital Corp was planning to pay dividends to Zelensky several weeks after he gave up his shares to Sergeyi Shefir. Paying dividends to someone who is no longer a co-owner of the company is illegal. It is not known whether or not the payment was actually made. Only the owners of the company know what finally happened.
But if confirmed, this information would prove that the Ukrainian President lied when he claimed, after the elections, that he no longer had any connection with this company, and that he lived mainly on his salary. And above all, neither he nor his family members indicate that they have received dividends in their tax declarations since 2018! If the payment of these dividends is confirmed, it is nothing less than a tax fraud. Clearly, the Pandora Papers reveal that Zelensky may have hidden part of his fortune through this offshore scheme, allowing his income to escape taxation in Ukraine.
But the offshore scheme does not end there. The Pandora Papers reveal that another close associate of Zelensky, SBU chief Ivan Bakanov, used a tax haven for his company Davegra Limited, registered in Belize. This company is the main owner of Maltex Multicapital Corp, and is said to be hiding details of the real owners, namely Zelensky, his wife and friends, says the Pandora papers investigation. In 2019, Bakanov sold the company to Yakovlev.
The Pandora Papers also reveal that Zelensky’s relatives bought three flats in London, managed by the same company, Maltex Multicapital Corp. According to the Pandora Papers, Sergey Shefir owns two London flats worth $5.1 million and Andrey Yakovlev owns the third, worth $2.3 million.
And these flats are not just anywhere: one is within walking distance of the British Parliament, another on the famous Baker Street, opposite the building where the fictional Sherlock Holmes character is said to have lived, and the third not far from the second flat. Such flats can easily be rented for over £2,300 a month (over €2,500).
Zelensky’s secret links to Kolomoysky’s shenanigans
While this first part of the Pandora Papers concerning Zelensky would in itself be enough to trigger impeachment proceedings against him in Ukraine, it is not the most scandalous part.
Indeed, the Pandora Papers reveal that Zelensky is allegedly involved in Igor Kolomoysky’s financial shenanigans, for which the oligarch has been placed under sanctions by the US.
The documents indicate that in 2012, the Kvartal 95 group of associates registered more than a dozen companies in the British Virgin Islands, Belize and Cyprus, with Maltex Multicapital Corp at the centre of the network.
The Pandora Papers reveal that 40 million dollars were transferred via the Cypriot branch of Privatbank (then owned by Igor Kolomoysky) to this network of companies as a “capital contribution” in a totally non-transparent manner. Moreover, one of the companies that headed Kvartal 95 had an account in this bank. The Cypriot branch of Privatbank was used by Igor Kolomoysky to launder millions of dollars.
This information from the Pandora Papers would confirm the information published after the Ukrainian presidential election, which indicated that Igor Kolomoysky had withdrawn more than 41 million dollars from offshore accounts at Kvartal 95.
But Maltex Multicapital Corp does not appear to have been the only company involved in the scheme. The Pandora Papers also mention the offshore company Candlewood Investment Limited, also linked to the entourage of Zelensky and Kolomoysky, and through which $10 million linked to Privatbank would have transited.
The image of Zelensky fighting the oligarchs is falling apart
While Zelensky hoped to make himself look good to the West with his bogus oligarchs law and to be able to run for a second term by presenting himself as the president who fights corruption and oligarchs, the Pandora Papers have just put a big dent in the wing of his political future.
If Zelensky avoids for the moment having to face an impeachment procedure thanks to the majority he has in the Rada, and the total lack of will of the President of the Rada to launch such a procedure against the head of state, the publication of the Pandora Papers is wickedly reminiscent of a remake of the Panama Papers, the publication of which in 2016 had undermined Poroshenko into re-election as head of the Ukraine.
Comically enough, Petro Poroshenko called the Pandora Papers a blow to Ukraine’s image and demanded that the accusations be investigated. And the silence in which the presidential office has remained will not help matters.
With all this information in mind, the recent assassination attempt against Sergey Shefir takes on a whole new dimension. It was Sergey Shefir and his brother, Boris, who created Zelensky’s network of offshore companies and to whom Zelensky passed them on before the elections. And it was to these companies that Kolomoysky’s money was transferred.
Clearly, Sergey Shefir knows too much about Zelensky’s dubious financial arrangements and Kolomoysky’s schemes, and if he were put under the right pressure, he could quite quickly reveal the potentially fictitious nature of the transfer of Zelensky’s shares to his assistant. If Shefir were to speak, Zelensky would face a trial for money laundering or worse. Not to mention Kolomoysky.
So it becomes interesting to look at who is behind the ICIJ, which published the Pandora Papers. When we look at who is funding this consortium of journalists, we discover George Soros’ Open Society Foundations, but also the Dutch National Lottery, which also funds Bellingcat.
But, as mentioned last year, if there is a war being launched against the oligarchs in Ukraine, it is not for the good of the country, but because the biggest world players, like George Soros, want to strip the only ones who still have valuable assets in the country: the oligarchs. And Igor Kolomoysky is the first one to be shot to bring down the others.
Zelensky, with his law on oligarchs, which is just a pretty facade with nothing behind it, tried to fool Soros and the United States, who were counting on this law to bring down the Ukrainian oligarchs and take back their assets. A monumental mistake that could cost him and his mentor Kolomoysky a lot.
https://www.donbass-insider.com/2021/10/...aNycGzNCH0
![[Image: im-not-saying-hes-an-alien-but-hes-an-alien.jpg]](https://memegenerator.net/img/instances/49043124/im-not-saying-hes-an-alien-but-hes-an-alien.jpg)