The agreement on the transfer of Ukrainian President Petro Poroshenko's stake in the Roshen Corporation to a "blind trust" was signed on January 14, 2016, one of the parties to the agreement was Poroshenko's company Prime Asset Partners Limited (British Virgin Islands), the president's financial advisor, managing director of the ICU investment company, Makar Paseniuk, told journalists in Kyiv on Monday.

"This agreement clearly stipulates that the transfer is irrevocable, so that the company cannot arbitrarily cancel it. And secondly, it stipulates that the trust is formed as a standard blind trust, which means that the beneficiaries of the trust are not entitled to receive from the manager or any person related to the trust any information about the assets of the trust and what is happening within this trust," Vadym Medvedev, a senior advisor to the Avellum law firm, who serves as a legal advisor to Poroshenko, said.

He said that the trust agreement cannot be terminated or somehow changed as long as Poroshenko is in the office of Ukraine's president.

"This agreement was signed with a well-respected international banking group, and Poroshenko announced this at his press conference in January. Unfortunately, our obligations as advisors in this process do not allow us to give more information and show more details of the document," Medvedev said.

Paseniuk predicts that the information about the manager of the blind trust will be officially announced soon.

He said that given the risks for Ukraine and the fact that Poroshenko is a politically exposed person (PEP) the process of finding such a manager was difficult and took time.