Poroshenko remains main owner of Prime Assets Capital investment fund, International Investment Bank – bank's report
As of August 6, 2015, Ukrainian President Petro Poroshenko still owned 99.9878% of shares in Prime Assets Capital investment, according to a report of Kyiv-based International Investment Bank, which has been posted on the website of the National Bank of Ukraine.
According to the report, Poroshenko's father Oleksiy owns the rest of the shares.
The fund is a majority stakeholder of the International Investment Bank holding 50.0826% of the shares. Poroshenko also directly owns 9.9174% of its shares.
Poroshenko's business partners, First Deputy Head of Petro Poroshenko Bloc Ihor Kononenko and First Deputy Head of the National Security and Defense Council of Ukraine Oleh Hladkovsky also hold shares in the financial institution.
The only change in the financial institution's structure is that Managing Director of Fund on Guaranteeing Deposits of Natural Persons Kostiantyn Vorosholyn is no longer a shareholder.
As reported, in March 2015, Poroshenko handed over all his assets to Prime Assets Capital, including a number of various businesses.
During the election campaign, Poroshenko promised to sell all his assets, except for TV Channel 5. He then hired Rothschild investment company in consortium with Investment Capital Ukraine group to assist in the sales.