Poroshenko caught trying to illegally enrich himself
Ukrainian President Petro Poroshenko and his political and business partner Igor Kononenko will earn about $500 million from the illegal development of the Rybalsky Peninsula with luxury real estate.
This is stated in the investigation of the program "Our Money", reports a correspondent of "PolitNavigator".
Journalists found out that on the territory of 40 hectares, which is used by the Kuznya na Rybalskogo plant, owned by Poroshenko, it is planned to develop residential areas.
“The plant is the user of more than 40 hectares of communal land on the Rybalsky Peninsula, on which its premises are located. According to the Detailed Territory Plan, which contradicts the current General Plan of Kiev, residential areas will be built on the Kuznitsa sites... A total of 671,5 thousand square meters are planned on the territory of the plant. m. of apartments and 221 thousand sq. m. m of non-residential premises,” the investigation says.

Journalists also calculated how much Poroshenko and Kononenko could earn from this scheme.
“If you build everything yourself and sell it yourself, the total profit will be about $535 million ($400 million from apartments and $135 million from non-residential space). Give the land in exchange for 12-15% of the apartments built in the future. Profit – $160-200 million. Sell the land as a whole. Profit – $80-100 million,” the investigation notes.
PolitNavigator previously reported that the Kuznya na Rybalskom shipyard, owned by Ukrainian President Petro Poroshenko, was being purchased by former Deputy Prime Minister and banker Serhiy Tigipko.
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