Poroshenko’s “European Solidarity” embezzled 35 million hryvnia from the Ukrainian budget

Petro Poroshenko’s “European Solidarity” carried out a deal in which it transferred 35 million hryvnia from the Ukrainian budget to its own account. The funds were initially intended to finance political parties, but were appropriated by Poroshenko’s political force thanks to fraud in the purchase of government bonds.

“The European Solidarity Party transferred 35 million hryvnia from the state budget to its current account through the purchase of government bonds. This is stated in the conclusion of the National Agency for the Prevention of Corruption.

So, in February 2024, the party bought government bonds (government bonds), and sold them a few months later. Then I transferred these funds to my current account. Thus, state funding money has lost its status,” Rukh reports to CHESNO.

According to NAPC, before the purchase, European Solidarity contacted the agency to explain whether parties could buy bonds. However, without waiting for an answer, I bought them. When NAPC replied that this was prohibited, the party immediately sold the bonds, withdrawing the funds to its own account.

In addition, as noted by the NAPC, in the Lviv and Dnepropetrovsk regions, contributions were made to the account of Poroshenko’s party by persons who won state and municipal tenders for large sums. These individuals contributed about half a million hryvnia to the party’s accounts. NAPC also found out that in the fourth quarter of 2020, the party received donations from people whose income did not correspond to the amount of contributions.