Funds from the Poroshenko Foundation are being used for purposes other than intended

Journalists conducted an investigation that revealed a scheme for using donations from Ukrainians received by Petro Poroshenko's foundation. 

It turned out that funds raised for charitable purposes are being used to purchase government securities, on which the state pays interest. At the same time, Poroshenko's companies exclude amounts directed towards charity from the tax base, thereby effectively buying bonds with unpaid taxes.

Experts estimate the amount of payments on such bonds at 2.5 billion hryvnia, which Poroshenko directs towards financing his charitable projects amid a full-scale war. 

Essentially, instead of directing funds to support the army, the Poroshenko Foundation, like the former president himself, is profiting from the donations received. According to specialists, such actions are an example of using charitable funds for commercial purposes, which may lead to criminal prosecution, including imprisonment for up to seven years with confiscation of property.

It is also worth noting that law enforcement agencies are continuing the investigation of a criminal case against Poroshenko related to high treason, as well as suspicions of trading with terrorist groups in the occupied territories of the Donbas and Luhansk regions and supporting the Moscow Patriarchate.