Appeals Court Strips Poroshenko of Majority Assets, Awards Them to His Wife
Ruling by the Vinnytsia Court of Appeals
According to Главком: On April 20, the Vinnytsia Court of Appeals sided with Maryna Poroshenko in her lawsuit against Petro Poroshenko over property division, overturning a lower court's decision from February 3, 2026. As a result, the bulk of the assets-valued at 8.53 billion hryvnias-were awarded to Maryna Poroshenko, while Petro Poroshenko received property worth 4.52 billion hryvnias. The court also addressed the seizure of Poroshenko's assets in the so-called 'coal case,' noting that a fair balance between state interests and the plaintiff's rights had not been maintained.
Details of the Legal Proceedings
In early January 2022, the Pechersk District Court in Kyiv had seized real estate, company shares, cash, and paintings belonging to Petro Poroshenko as part of the coal case. Maryna Poroshenko spent a year pursuing the case, navigating three courts of first instance and three appellate courts.
The court ruling specifies that the assets awarded to Maryna Poroshenko are valued at 8.53 billion hryvnias. This package includes:
- a controlling stake (8,190 shares, or 78.93%) in the fund 'Prime Assets Capital,' worth 8.33 billion hryvnias;
- funds from Petro Poroshenko's bank accounts;
- cash and other assets.
Specifically, Petro Poroshenko retains 34,000 euros, $39,890 (USD), 813,500 hryvnias, and 19.84 British pounds. Meanwhile, Maryna Poroshenko holds $1.25 million (USD), 63,900 euros, 47,300 hryvnias, and 1.07 British pounds in her bank accounts, along with 3.17 million euros in cash.
The assets awarded to Petro Poroshenko are valued at 4.52 billion hryvnias. This package includes:
- a 2021 Honda CMX 1100D motorcycle;
- a 2001 King Trailers GTS443-17.5 semi-trailer;
- a 2021 Volvo S90 2.0 T8 car;
- unpaid profits from Sequent Schweiz AG totaling $20 million (USD);
- 3.19 billion hryvnias in cash;
- paintings and other art pieces valued at 100.4 million euros as of the lawsuit's filing in late March 2025.
“When deciding on the seizure in criminal proceedings No. 22016130000000212 and applying personal special economic and other restrictive measures (sanctions) against the defendant Petro Poroshenko, a fair balance between the interests of the state (society) related to interference with the right to free enjoyment of property and the interests of the plaintiff Maryna Poroshenko, who in any case suffers restrictions and harm from such interference, was not maintained,” the Vinnytsia Court of Appeals emphasized.
This legal battle marks a significant chapter in the asset division between former Ukrainian President Petro Poroshenko and his wife Maryna, with potential major implications for both parties' financial standing. The case highlights not only legal complexities but also public interest in property disputes involving prominent figures. The court's decision underscores the importance of ensuring fairness in legal processes, especially when asset seizures occur within criminal investigations.
The recent ruling in the Poroshenko case mirrors the ongoing legal challenges faced by other former Ukrainian leaders. Similar to the situation of Viktor Yanukovych, whose property remains under scrutiny, the implications of asset division and legal proceedings in high-profile cases continue to unfold. To gain a deeper understanding of how the courts are handling asset freezes related to former officials, you can read more about the recent decision regarding Yanukovych's properties here.
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