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Petro Poroshenko Bloc refutes allegations in financial fraud during election campaign

The statement came after European Business Association President Tomas Fiala said that Poroshenko and Prime Minister Arseniy Yatsneyuk sold mandates to Verkhovna Rada deputies

Ukrainian president at the meeting of Petro Poroshenko Bloc (archive) Mykhailo Palinchak/TASS

Ukrainian president at the meeting of Petro Poroshenko Bloc (archive)

© Mykhailo Palinchak/TASS

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No changes expected in Poroshenko Bloc following merger with Klitschko’s party — lawmaker

KIEV, August 28. /TASS/. Petro Poroshenko Bloc party has refuted allegations that the Ukrainian president used illegal means of financing his election campaign in 2014.

The statement came after European Business Association President Tomas Fiala said that Poroshenko and Prime Minister Arseniy Yatsneyuk sold mandates to Verkhovna Rada deputies. "Petro Poroshenko financed his presidential election campaign from his own resources, as well as the election campaign for the party Solidarity — Petro Poroshenko Bloc in 2014," the party said in a statement.

The party added that sources of election campaign financing "are confirmed by appropriate financial accounts on the result of election campaigns and income declarations of Poroshenko as an individual in 2014 and previous years." "The sum left after paying all necessary taxes is enough for financing his own election campaign independently from external financial source," the party stressed.

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Petro Poroshenko Bloc described statements about violating financing regulations during election campaign as "inaccurate information."

Earlier, European Business Association President and Dragon Capital investment company CEO Tomas Fiala told Der Spiegel in an interview that Ukrainian President Petro Poroshenko and Prime Minister Arseniy Yatsneyuk sold mandates to Verkhovna Rada deputies for $3-10 million each. "According to my information, parliamentary seats were obtained for $3-10 million for mandate," Fiala said.

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Ukraine crisis Ukraine Pyotr Poroshenko

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