President Petro Poroshenko was among the leaders of 12 countries involved in Panama Papers leak in April 2016, when the information about offshore companies and their owners was released. According to the papers, Poroshenko set up a secret offshore company, Prime Assets Partners, in the British Virgin Islands in August 2014, which became the owner of Roshen Confectionery Corporation. International public investigators pointed out that the President's actions were illegal because the company was founded during his presidency and because it was not mentioned in Poroshenko's accounts. According to Transparency International, the president violated the Constitution by setting up the company. Poroshenko rejected the accusations, noting that all actions were legitimate and transparent.