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Ukraine's tycoon Poroshenko confirms plans to sell assets

May 26, 2014, 14:16 UTC+3 KIEV

Poroshenko added that his priority as president of Ukraine would be European integration

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© ITAR-TASS/Nikolai Lazarenko

KIEV, May 26. /ITAR-TASS/. Business tycoon Petro Poroshenko, who currently leads the presidential race in Ukraine according to exit polls, has confirmed on Monday his plans to sell his assets once in office.

“We need to embed a new tradition: when a person is elected to a higher post, he or she should make a bold step — sell the business and focus on the civil service,” Poroshenko told a news conference. Poroshenko added he was working with an administrative consultant and started preparing to sell his assets on Monday.

Poroshenko added that his priority as president of Ukraine would be European integration.

“Eurointegration will be the priority of my policy,” he said. “Before the inauguration, several meetings at the highest level will take place.”

The politician noted that he would draw special attention to combating corruption in Ukraine and developing plans of upgrading the country.

Poroshenko also thanked the residents of Crimea, who took part in the polls.

Petro Poroshenko’s biography
Petro Poroshenko was born September 26, 1965, in the Odessa region. He has graduated from the Kiev University with a degree in economics from the faculty of international relations and international law.

In the 1990s, he engaged in business and headed the Ukrprominvest consortium. In 2000, he set up and chaired the Solidarity party. After the victory of the ‘orange revolution’, in 2005 he was appointed Secretary of the National Security and Defense Council, and in 2007 — head of Ukraine’s National Bank. In 2009-2010 he was minister of foreign affairs, in 2012 he became minister of trade and economic development. Since December 2012, Petro Poroshenko is Verkhovna Rada deputy and member of the committee on European integration. He owns the Roshen consortium, the largest confectionery manufacturer in Ukraine. He ranks 7th in the Forbes list of richest people in Ukraine.

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