Ukraine Radical Party Launches Poroshenko's Impeachment Over Offshore Leaks

© Sputnik / Evgeny Kotenko / Go to the mediabankRadical Party leader Oleh Lyashko at a Verkhovna Rada meeting.
Radical Party leader Oleh Lyashko at a Verkhovna Rada meeting. - Sputnik International
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The Radical Party of Ukraine on Monday announced launch of the impeachment process against President Petro Poroshenko over his alleged involvement into schemes linked to Mossack Fonseca, a Panama firm selling offshore companies.

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MOSCOW (Sputnik) — On Sunday, the German newspaper Sueddeutsche Zeitung exposed alleged involvement of a number of former and current world leaders, including Ukraine's president, in tax havens schemes using the information obtained in a data leak by the firm. The National Anti-Corruption Bureau of Ukraine (NABU) refused to launch investigation into the matter saying it exceeds its authority.

"Radical Party faction will initiate the procedure of impeachment of President Poroshenko as prescribed in Article 111 of the Constitution of Ukraine," the statement published on the Facebook page of Radical Party head Oleh Lyashko reads.

According to the party, registration of an offshore company by Poroshenko constitutes avoidance of taxes, corruption, failure to declare the property as well as abuse of president's functions.

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"We demand the creation of special temporary parliamentary commission investigating the existence of secret offshore companies and accounts of Ukraine's President Petro Poroshenko," the statement pointed out.

The party added that NABU's refusal to investigate the allegation "highlightes its dependence on government and imitation of anti-corruption fight."

The alleged documents obtained by the German newspaper reportedly provide information on current and former leaders, as well as celebrities and others who allegedly laundered billions of dollars, evaded taxes and dodged sanctions with the help of shell firms abroad.

Mossack Fonseca responded by refusing to validate the information contained in the leaks and accused reporters of gaining unauthorized access to its proprietary documents. It warned that using unlawfully-obtained data was a crime that it would not hesitate to punish by criminal and civil means. Representatives of the above mentioned officials weren't available for immediate comment.

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