Halyna Budivska
Adrienne Warren
Paweł Lickiewicz
Paweł Purski
Maciej Zaniewicz
Tomasz Kobylański
Jana Oparij
Matteo Cazzulani
Wojciech Jakóbik
Тексти.org.ua
Alisa Fluhrer
Nikolai Holmov
Michał Romanowski

Serhyi Leshchenko: Tax Haven of Yanukovych and Kluyev

Read this article in other languages: ru pl

 

We have a great pleasure to present the winner of the Eastern Partnership Journalistic Prize, organized by the Polish Reporters Foundation – the article authored by Serhyi Leshchenko. The text, revealing questionable dealings of the Ukrainian head of state, was chosen from 800 works sent in for the competition. Awarding Leschchenko is undoubtedly also a way to honour the whole Ukrainian journalism, whose development the Orange Revolution – and its most enduring achievement: media freedom – made possible. This article is an example of the advancement of investigative journalism in Ukraine, whose local elites are a constant source of topics. Our portal Eastbook.eu has also the honour to introduce the English and Polish versions of the article published originally in Ukrainska Pravda.

Enjoy the reading.

Artur Kacprzak

Andrij Klujew, autor: Oknemof, źródło: pl.wikipedia.com i Wiktor Janukowycz, autor: Pavol Frešo, źródło: ua.wikipedia.org

Andriy Kluyev, author: Oknemof, source: pl.wikipedia.com and Viktor Yanukowych, author: Pavol Frešo, source: ua.wikipedia.org

The tax haven of Yanukovych and Kluyev

The infamous book authored by Viktor Yanukovych “Opportunity Ukraine” – recently exposed as plagiarism – mentions scarcely anything about Ukrainian companies but with one exception, contained within two pages. It seems that the presidential ghost writers did not bother about a thorough edition of this part and simply put a press release of Active Solar, an Austrian company, whose Ukrainian plant produces semiconductor materials for solar systems in Zaporizhia. President Yanukovych wrote in his book:

“…The long-awaited event took place last October, but escaped notice of media and society. On the Crimean Peninsula, a solar plant was built and opened by the Austrian company Activ Solar in Rodnikovoye… I present this project as an example illustrating the interest Ukrainian authorities take in alternative energy sources…”

Not long ago, on 7 October 2011, during his visit to Greece, Viktor Yanukovych addressed local businessmen: “Ukraine is also interested in deepening cooperation with Greece in the sphere of renewable energy sources … I have made a proposal to Mr President about the building of solar power station in Greece on a turnkey basis –we have such an opportunity and we are willing to do so at any time if such proposals come from our partners”. Yet in the book, the real owner of the company and stated conditions for development do not appear.

In fact, the whole story is a textbook example how business merges with politics and creates optimum conditions for one of the most influential Ukrainian entrepreneurs of our times – Andriy Kluyev. Last year, Ukrainska Pravda reported how Kluyev, after being appointed as the First Deputy Prime Minister, headed the State Agency in investments and national projects of Ukraine and, therefore, helped his own family business. Then, one of the first decisions of this institution was granting the “semiconductor producer” the amount of UAH 200,842,000 from the state funds for developing solar plant production in Zaporizhia.

The main shareholder of this Zaporizhian “semiconductor producer”, having a 75 percent stake, is a company registered in Vienna – Active Solar. This information is available in the database of the Securities and Exchange Commission, after registering on the website of this state institution. During Kluyev’s stay at the conference of the Yalta European Strategy (YES), Ukrainska Pravda asked him whether he or his family had any connections with Activ Solar. “No, there are no connections”, Kluyev ensured.

Why Austria?

Why is it beneficial to start holding companies in Austria? It is simple – because dividends of their subsidiaries are tax-free (functioning as a flow-through entity)! This way, the country is supplying its banking system. Thus, profits of Kluyev’s Ukrainian energy company can be freely conveyed, as dividends, to Austria, without additional charges. In effect, the money could be later used anywhere in the world – also back in Ukraine as Austrian investments. Ukrainian business had been behind the entire process, supplied by the Ukrainian state budget and still no one would have been any the wiser.

There is more – registration in Austria allows to present a company as a Western project with a clear business history. This move has been already made by Activ Solar, which presents itself as “an international group of companies headquartered in Vienna (Austria), specializes in designing and manufacturing solar technologies.” Ukrainska Pravda, through the website of Vienna Commercial Court (an institution keeping register of all companies), acquired founding documents of Activ Solar GmbH. They revealed that it is functioning as a limited liability company, meaning a simplified reporting system.

Sprawozdanie firmy Activ Solar Gmb.

Accounts of Activ Solar GmbH

The management

The CEO of Solar Active is Kaveh Ertefai. This son-in-law of Ukrainian deputy Serhiy Kluyev, the brother of Andriy, comes, according to the documents, from Dubai, United Arab Emirates. The spectacular scale of the wedding reception held in one of the Vienna palaces for the deputy’s daughter Olga Kluyev, immortalized in impressive photos, has recently rocked the Ukrainian Internet. Nevertheless, Ertefai is not the only one relative of Kluyev who works for the company. The son of the deputy PM, Bohdan, is, according to the company website, the business development manager in Activ Solar. However, Serhiy Kluyev still denies there are any connections to his family.

The wedding of Serhiy Klujev’s daughter:

The location

The address of headquarters of Activ Solar is 35 Wipplingerstraße, Vienna (the map below the text – ed. note). The information board near the entrance to the business centre reads that the company building solar plants financed by the Ukrainian government is located on the fourth floor, the same as Slav AG, belonging to brothers Kluyev (see: the following chapter). Furthermore, Activ Solar does not even have a separate doorbell for clients who must pass by the office of Slav AG to get there.

The founders

The first founder of Activ Solar in 2008 was Austrian Slav Beteiligung GmbH, which the 100 percent shareholder was the company under a resembling name – Slav AG, owned in turn by brothers Andriy and Serhiy Kluyev, either having a 50 percent stake. This information is common knowledge available on the Austrian website of the company. At the end of 2008, as a result of a decision on a change of the founder, present director of Activ Solar Kaveh Ertefai, Kluyev’s son-in-law, became the sole owner of the company. Yet this state of matter did not last for long.

Centrala Activ Solar znajduje się w Wiedniu: Wipplingerstraße, 35

Headquarters of Activ Solar in Vienna: 35 Wipplingerstraße

Since July 2009, the founder of Activ Solar has been an inconspicuous agency – P&A CORPORATE TRUST, headed by Reinhard Proksch. And perhaps at this stage our investigation would have ended, had we not noticed the address of the trust: Stöcklerweg 4, Vaduz, Liechtenstein. Ukrainska Pravda had already dealt with this address while investigating the privatization process of Mezhigore where the incumbent president is currently living.

The very same P&A CORPORATE TRUST, located at the same address in the Principality of Liechtenstein, appears as a shareholder of Blythe (Europe) Ltd, a British company. This London-based company has a 35 percent stake in Kiev’ Tantalit, the real owner of the presidential residence. There is another company in Yanukovych’s orbit of which Blythe (Europe) Ltd is the ultimate owner: Dim Lisnyka, controlling local forestry activities in the region of Dnieper- Teterev near Suholuchya village. Technically, the company owns 17.5 hectares of land where the presidential hunting lodge – under protection of special Unit Berkut – is located. The surrounding land of 30,000 hectares was transformed into a security zone with an antitank trench and control points system which make it quite unavailable.

Rejestracyjne dokumenty firmy Blythe (Europe) Ltd

Registration documents of Blythe (Europe) Ltd

Both Activ Solar (a company constructing solar plants) and the firm belonging to Yanukovych’s family (owning Mezhigore and Suholuchya) are registered to one legal entity – P&A CORPORATE TRUST in Liechtenstein. Its official website informs that the executive director is Proksch. Certainly, not by accident – it could mean that Kluyev and Yanukovych are close enough to employ the same lawyer from Liechtenstein and a front organization – a trust. Otherwise, the solar business of Kluyev is in fact shared with the presidential family. The answer is hidden in the agreement which, according to Liechtenstein’s regulations, has not been made public, secured in a lawyer’s safe.

Why Liechtenstein?

Registering companies of prominent Ukrainian officials in Liechtenstein solves several problems at once. First – it is anonymous. At the exact moment of transferring money to this country and establishing a trust under one’s name, the owner becomes invisible. The only available information regards the trust itself, which is allowed to set up companies, to control them and to manage their resources. Additionally, such a trust has a registered settlor. The other advantage is taxation. If assets of a trust are outside this mini state, as it is in our case, then there is no tax to pay in regard to profit and dividends. At the same time, and in contrary to companies established in Belize or Virgin Islands, a Liechtenstein trust is more respected.

Wikileaks helps

Taking under consideration the circumstances regarding presence of the same trust within the solar business of Kluyev and land activities of Yanukovych in Mezhigore, one more document should be discussed: a ciphertext of the US Embassy in Kiev published on Wikileaks website in September 2007. William Taylor, the US Ambassador to Ukraine, reported to Washington on his meeting with Donetsk oligarchs Sergey Tarut and Vitaly Gayduk. During the three-hour long discussion, as the ambassador informed, the businessmen were talking about leaders of the Party of Regions. They raised the subject of relations between Kluyev and Yanukovych:

“Gayduk and Andriy Kluyev were both working under Yanukovych as deputy governors. Then, Kluyev provoked a change in the relationship by making Yanukovych his business partner, so he would get preferences. Taruta did not know if they were still business partners, but said they have a special relationship.

„Taruta thought Kluyev was smart enough to implement reforms. Unfortunately, he had learned early that he could make money from holding a senior position, now he was abusing his office for self-enrichment. For example, according to Taruta, Kluyev was smuggling huge amounts of chicken through a Special Economic Zone. Taruta thought Yanukovych might be getting a taste of the chicken smuggling as well, although he wasn’t sure.”

Another significant example of business shared by the politicians concerns dealings between Serhiy Kluyev and Viktor Yanukovych while the former bought an apartment of the latter, paying the apparently inflated price of USD 7 million. The transaction seemed to be an attempt to make the income of the future head of state legitimate.

PS During our investigation, Ukrainska Pravda made several attempts to uncover what Andriy Kluyev’s and Serhiy Kluyev’s points of view are, in regard to the gathered facts. The former refused to discuss activity of Activ Solar and all the questions conveyed to his press secretary remained unanswered. The latter announced he did not want to speak with Ukrainska Pravda at all. Furthermore, Pavel Litchenko, the actual director of Tantalit and official owner of Yanukovych’s residence Mezhigore did not react to a request for information sent by Ukrainska Pravda.

Original title: Офшорний дах для Януковича та Клюєва

Published in Українська правда on 21 October 2011

Sergii Leszczenko

Serhyi Leshchenko

The Author: Serhyi Leshchenko was born in 1980 in Kiev, at that time the capital of the Ukrainian Soviet Socialist Republic. In 2003, he graduated from the Taras Shevchenko University (Institute of Journalism). Since 2000, Serhiy has been working for Ukrainska Pravda, the leading information portal founded by Georgiy Gongadze, a journalist murdered by Ukrainian special services during Leonid Kuchma’s governance. Leshchenko, whose area of interest is investigative journalism, was awarded several times for his articles. Among others, there are: Oleksandr Kryvenko’s Prize, the second place in investigative journalism competition organized by French Embassy and nomination for “Journalist of printed media” in 2006 in categories “People of the Year” and “Person of the Year”, according to Internet.ua. In 2011, he was chosen the best journalist in the competition organized by Polit Club of Ukraine.

This article is excluded from the Creative Commons license. All rights reserved by the Author and portal Ukrainska Pravda.

 
  • Share

 

Tags: , , , , , , , , , , , , ,

1. The published comments are private opinions of the users. Eastbook.eu does not take responsibility for the contents of the opinions.

2. Eastbook.eu editorial staff reserves the right to delete a comment in the following situations:

  1. The comment contains vulgar language.
  2. The comment offends other nationalities or religions, or incites to racial hatred.
  3. The comment is FUD
  4. The comment is offensive to the author of the publication, other commenting users or any other person.
  5. The comment aims at escalating a conflict between the commenting persons.
  6. The comment is SPAM, an advertisement or a link to infringing websites.

3. Triple contravention of the rules listed in point 2 results in a one-month ban.

Jerzy

2012-01-18 16:15:07

Comment from version: pl

Cały artykuł jest słaby i nadaje się może do Faktu, albo do Faktów i Mitów. Za "szemrane interesy prezydenta Janukowycza", to drodzy Pańswo można być pozwanym za zniesławienie i przegrać taką sprawę w sadzie. Widzę, ze Eastbook ma ambicje zamienienia się w internetowe ramię Gazety Polskiej. Na prawdę brakuje mi tylko, że nie napisaliście o ukraińskich łże-elitach bardzo brzydko.

Reply

jubus

2012-01-18 16:53:42

Comment from version: pl

Najwyższe uznania dla autora, nic dziwnego, że zdobył on główną nagrodę. Ta praca udowadnia tylko to, że Ukraina, nie ważne czy pod władzą Janukowycza, Tymoszenko, Juszczenki czy Kuczmy, była, jest i jeszcze bardzo długo będzie krajem o niewyobrażalnej wręcz korupcji, degeneracji społecznej i degeneracji prawnej. Z drugiej jednak strony, w krajach ościennych, typu Białoruś, Rosja, także i w Mołdowie (głownie w Naddniestrzu)takie powiązania korupcjogenne są na porządku dziennym i czymś zupełnie normalnym. Kraje postkomunistyczne, w tym Polska także mają wielkie problemy z korupcją, o czym można się przekonać na co dzień. Ukraina ma jednak tą cechę, że była częścią Rosji carskiej wystarczająco długo, aby upowszechniły się w niej rosyjskie tradycje oligarchiczno-elitarne. W Rosji carskiej, podobnie jak w dzisiejszej Rosji czy na Ukrainie, była/jest wąska procentowo, choć znaczna liczebnie, grupa niesamowicie bogatych osób, które w większości dorobiły się fortun "na lewo", a jednocześnie morze biedaków, nędarzy, ludzi żyjących czasem w warunkach epoki kamienia łupanego. Wielkie pochwały dla Ukraińskiej Prawdy, która niezmiennie i wielce obiektywnie przedstawia obraz zdegenerowanej i przeżartej korupcją Ukrainy, niezależnie tego, o kim pisze. Portal ten pisał o Juszczence i jego machinacjach, o Tymoszenko i jej "lewym" majątku w rajach podatkowych i o innych rzeczach. Dlatego nie ma się co dziwić teraz politykom ukraińskim, że nie chcą utracić władzy, bo sprawiedliwość kiedyś ich dosięgnie i tak jak sprawiedliwie siedzi Tymoszenko, taki sam los powinien spotkać Janukowycza, Juszczenkę czy innych. Szkoda tylko, że w Polsce nie ma takiego portalu jak UP, bo można by poczytać o szczegółach brudnych interesów "Mira i spółki" czy innych.

Reply

jubus

2012-01-19 10:22:59

Comment from version: pl

Skoro Pan czyta takie szmatławce jak "Fakt" czy "Fakty i Mity" lub "Gazeta Polska" to pana sprawa. Co niby w tym artykule jest źle napisane? Artykuł został opublikowany na stronach Ukraińskiej Prawdy, największego, niezależnego portalu informacyjnego na Ukrainie. Portalu, który pisał zarówno o ciemnych interesach i złodziejstwach Tymoszenko czy Juszczenki, jak też i Janukowycza. Takie właśnie powinny być niezależne media - tropić i opluwać jeśli trzeba złodziei, wszędzie gdzie są. Ukraina, Rosja czy inne kraje postsowieckie powinny wydobyć się w końcu z tego mafijnego bagna, chociaż zajmie im to jeszcze z 20-30 lat. Nie wiem, czemu mój wczorajszy komentarz nie został opublikowany, skoro nie było tam złamania jakiegokolwiek postanowień regulaminu. Jeśli Eastbook zamierza być portalem w pełni obiektywnym to powinien publikować wszystkie treści, nie naruszające prawa i z tym się zgadzam z Jerzym. Teraz, dla równowagi, powinien pojawić się artykuł o złodziejskich machinacja, byłej premier, która sprawiedliwie, odsiaduje wyrok więzienia. W takim artykule powinny znaleźć się przede wszystkim informacje o tym, jak to pani Tymoszenko opłacała płatnych zabójców, majacych eliminować jej konkurentów biznesowych i co się stało z jej konkurentami politycznymi i nakreślić postać jej wspólnika, byłego premiera Ukrainy, Pawła Łazarenki. Dopiero po zapoznaniu się z tamtą sprawą, można sobie wyrobić obiektywną opinię o tym, jak zdegenerowanym prawnie i politycznie państwem jest Ukraina.

Reply

Кшиштоф Нечипор

2012-01-19 11:27:15

Comment from version: pl

Z pewnością nie dla Pana Jerzego, ale dla tych, których interesują "szemrane interesy" zapraszam do artykułów sprzed ponad roku: http://eastbook.eu/2010/10/uncategorized/ukraina-... http://eastbook.eu/2010/10/uncategorized/ukraina-... http://eastbook.eu/2010/11/country/ukraine/ukrain... Mimo, że minęło już trochę czasu, teksty są nadal aktualne. Zgadzam się z Panem Jubusem, że dla równowagi należałoby poświęcić Julii Tymoszenko równie wiele miejsca. Wciąż mam to gdzieś z tyłu głowy. Pozdrawiam.

Reply

jubus

2012-01-19 13:32:17

Comment from version: pl

Dzięki za puszczenie komentarza i czekam na artykuły. Z chęcią bym pomógł, ale nie mam teraz czasu na zajmowanie się takimi sprawami i czytanie artykułów w cyrylicy. Artykułów tego typu jak ten powyżej, jest w internecie mnóstwo i w zasadzie to przypomina to wszystko jakąś kronikę kryminalną, z tą różnicą, że zamiast "Kiełbasy, Mrówy, Grubego czy innych ksywek" są podane nazwiska lub skróty normalnych polityków lub urzędników. Pod tym względem Ukraina tkwi chyba jeszcze w latach 90-ych, bo w Rosji to już wszyscy złodzieje się dawno uwłaszczyli i nic im zrobić nie się nie da. Na Ukrainie jest ten problem, że od dawnych czasów rządziły tam klany związane z miastami, kliki i normalne związki mafijne w stylu włoskiej Cosa Nostry czy Camorry. Skoro we Włoszech nie dano sobie rady z takimi związkami, a mafia jest wg. ostatnich danych, największą siłą gospodarczą i największym "bankiem", to niby dlaczego w krajach Europy Wschodniej miałoby być inaczej. Śmiem wątpić nawet, że Ukraina za 10-20 czy 30 lat będzie miała problemy z takimi "szemranymi interesami" bo po prostu taka natura tego kraju i jego mieszkańców. Polakom może się to wydawać że to"dzikie bagno", ale dla wielu osób z dalekich krajów to może być atrakcja. Może kiedyś Holywood lub Bolywood nakręci jakieś filmy mafijno-gangsterskie o "szemranych interesach" na Ukrainie czy w Rosji. Mnie takie klimaty zawsze pociągały, dlatego mam sentyment do Włoch do i do Ukrainy, te kraje mają ze sobą wiele wspólnego pod wieloma względami. Ukraina powinna zresztą brać przykład z Włochów i tego jak zarządzać tak podzielonym i zróżnicowanym krajem, gdzie wg. osób z północy "wszyscy poniżej Florencji/Rzymu to k....y i złodzieje". Na Ukrainie też da się usłyszeć podobne teksty o mieszkańcach wschodniej lub zachodniej części.

Reply

Laurence S. Eraut

2012-01-24 05:40:14

Comment from version: en

23-01-2012 Clearly, Victor Yanukovich must be charged by the SBU for a number of crimes, immediately. Also, according the the usual procedure of the SBU, he must be immediately jailed for trial. Ясно, Переможець Янукович повинен бути звинувачений SBU для декілька злочинів, негайно. Також, надаючи звичайну процедуру SBU, він негайно повинен jailed для іспиту. Yours Truly, Laurence S. Eraut erautlaurence@yahoo.com

Reply

jubus

2012-01-24 12:51:13

Comment from version: en

You have right Sir, but it doesn't mean that Ms. Timoshenko should be released, right? Justice is justice and both Timoshenko and Yanukovich should be punished for their crimes. There is no place in Ukraine for such spiteful people like those two.

Reply

@67viktor

2012-05-21 16:16:35

Comment from version: en

There is a big difference between Ms. Tymoshenko and Mr Yanukovich. Tymoshenko stopped her business in 1997 when she went to politics. Mr Yanukovich on the contrary made his fortune and simply stole state properties when he applied consequentially his governour's, PM's and president's posts.

Reply

Leola

2014-09-28 04:51:24

Comment from version: en

Incredible points. Solid arguments. Keep up the good work.

Reply

Leave a Reply

Your email address will not be published. Required fields are marked *


Facebook
Subscribe to Eastletter Become an author
 



 


Recent comments