Following the debate, while President Joe Biden and members of his administration are burning most of their energy in proving – the commander-in-chief of self-styled most powerful country in the world is not suffering from Alzheimer or cognitive decline; former President Donald Trump’s prospects of a landslide victory on November 5 elections is showing signs of almost imminence. Meanwhile, Trump’s anticipated second term as the president of the United States is causing repeated panic attack to Volodymyr Zelensky for two main reasons, firstly Trump would most definitely exert pressure on him to immediately hold election and renew his tenure as his tenure has already expired in May this year; and secondly, Trump administration shall stop burning more American tax-dollars towards Zelensky’s delusion of winning the war against Russia.

Another major fear of Zelensky is accountability of hundreds of billions of dollars that he has already received from the United States and NATO nations, as even according to US intelligence and prominent figures in Biden administration, there has been reckless loot and rampant corruption whereas Zelensky has already been warned by Washington of stealing significant portion of aid cash.

It is not only Zelensky, according to media reports, most of the Democratic Party was also in panic mode and mulling replacements for Joe Biden following his disastrous performance in the June 27 debate. At this crucial stage when Biden’s aspiration of reelection is already getting faded-away, First Lady Jill Biden had dragged her bewildered husband before a group of supporters to declare – “Joe [Joe Biden] you did such a great job, you answered every question and you knew all the facts”.

Commenting on it, World Tribune in a report stated: Observers likened it to a mother praising a toddler for successful potty training. Others were not as nice, accusing the first lady of elder abuse and describing her as downright “evil”.

The day after the debate, the Biden clan headed to Camp David. They emerged from the “informal” conclave with sources telling legacy media that Jill and first son Hunter Biden insisted that 81-year-old Joe was in the race to stay.

In a July 1 interview with Vogue magazine, in which she is on the cover, Jill Biden said they “will not let those 90 minutes define the four years he’s been president. We will continue to fight”.

On Jill Biden’s interview to Vogue magazine, Editor-in-Chief of the Federalist, retweeting a post of Alex Thompson, national political correspondent at Axios wrote: “My favorite example of our propaganda press is that we had a supermodel for First Lady and their unbridled hatred kept her off any and all magazine covers”.

Quoting an inner-circle source, The New York Times said, Joe Biden’s scandal-plagued son Hunter Biden also is pushing his father hardest to stay in the reelection race.

In an interview on The Vince Coglianese Show podcast, Marco Polo founder and former Trump White House official Garrett Ziegler elaborated on fundamental (for him) reasons why Hunter Biden is adamant about his father remaining in the race right through election day.

Criticizing such madness of the members of Biden family, WorldTribune stated, “What kind of First Lady and First Son would sacrifice national security and the lives of hundreds of thousands in other nations in order to enjoy the absolute immunity and millions of dollars’ worth of luxuries derived from keeping an unfit elderly man in the most powerful job on Earth?”

It may be mentioned here that, although Ukrainian President Volodymyr Zelensky rode to power in 2019 on pledges to clean up the Eastern European country, the Pandora Papers reveal he and his close circle were the beneficiaries of a network of offshore companies, including some that owned expensive London property.

The documents show that Zelensky and his partners in a television production company, Kvartal 95, set up a network of offshore firms dating back to at least 2012, the year the company began making regular content for TV stations owned by Ihor Kolomoisky, an oligarch dogged by allegations of multi-billion-dollar fraud. The offshores were also used by Zelensky associates to purchase and own three prime properties in the center of London.

The documents also show that just before he was elected, he gifted his stake in a key offshore company, the British Virgin Islands-registered Maltex Multicapital Corp., to his business partner — soon to be his top presidential aide. And in spite of giving up his shares, the documents show that an arrangement was soon made that would allow the offshore company to keep paying dividends to a company that now belongs to his wife.

A comedian and actor who had been famous since the 2000s, Zelensky began his political rise a few years after taking on a starring role in the political satire “Servant of the People”, which began airing on the oligarch’s network in 2015. The show starred Zelensky as a humble history teacher whose anti-corruption rant in class was filmed by a student, went viral online, and won him the office of the president.

Zelensky capitalized on widespread public anger at corruption, but his 2019 campaign was dogged by doubts over his anti-graft bona fides, given that his campaign was boosted by media belonging to Kolomoisky — who is accused of stealing US$5.5 billion from his own bank and funneling it offshore in concert with his partner, Hennadiy Boholiubov.

In the heat of the campaign, a political ally of incumbent President Petro Poroshenko published a chart on Facebook purporting to show that Zelensky and his television production partners were beneficiaries of a web of offshore firms that allegedly received US$41 million in funds from Kolomosisky’s Privatbank.

That ally, Volodymyr Arievm did not provide evidence, and his accusations have never been proven. But the Pandora Papers show that at least some of the details in this alleged scheme correspond to reality. The leaked documents show information on 10 companies in the network that match structures detailed in Ariev’s chart.

Referring to Pandora Papers, OCCRP said, the new documents show that part of the network was managed with help from Fidelity Corporate Services, an offshore consultancy that was one of 14 firms whose documents make up part of the Pandora Papers leak. The documents show that Zelensky and his partners used companies based in the British Virgin Islands (BVI), Belize, and Cyprus.

Two of Zelensky’s associates in the offshore network, who were also part of his TV production company, now hold powerful positions. Serhiy Shefir is Zelensky’s top presidential aide, while Ivan Bakanov heads the Security Service of Ukraine.

These powerful positions also come with risks. Shefir narrowly escaped an apparent assassination attempt when his car was fired on outside Kyiv on September 22. He was unharmed, but his driver was wounded.

Zelensky has repeatedly pledged to rein in oligarchs. The day after the attack on Shefir, the country’s parliament passed a bill that would create a register of oligarchs and bar them from financing political parties or taking part in privatizations. Zelensky said that the attempt on Shefir’s life will receive a strong response and will not influence his fight against vested interests.

How does Zelensky hide his corruption?

There is no sign that Zelensky himself was a part of the London property deals. However, the documents show that he was a key player in other parts of the offshore network.

At the center of the web of foreign firms is Maltex Multicapital Corp, which has never before been linked to Zelensky.

By 2017, Maltex was divided equally between shell companies belonging to Zelensky, Iakovlev, and brothers Serhiy Shefir and Borys Shefir. Ivan Bakanov, another Kvartal 95 partner who now serves as Ukraine’s secret police chief, was the beneficiary of another company that acted as nominee and trustee for the four other men’s ownership of Maltex.

Zelensky, together with his wife, owned a quarter of Maltex through a Belize-registered firm called Film Heritage. But in 2019, in the heat of Zelensky’s election campaign, Film Heritage transferred its ownership of Maltex to another company owned by Serhiy Shefir, the soon-to-be presidential chief assistant. The transfer documents were prepared by Iurii Azarov.

The deal provided Zelensky with a measure of distance from the offshore network, while costing him nothing.

“The share certificate demonstrates that no money was paid by the receiving party. Therefore, the ownership was merely transferred from one name to another,” said Martin Woods, a financial crime consultant who reviewed the documents for OCCRP.

Roughly six weeks later, the same lawyer, Azarov, signed another document that stipulated that Maltex would continue to pay dividends to Zelensky’s Film Heritage — even though it no longer owned any stake in the company. The document, a client profile of Maltex prepared for Fidelity, disclosed that the company’s five largest sources of revenue were Ukraine, Belarus, Russia, Belize, and Cyprus.

The Pandora Papers documents do not contain details on the size of any dividend payments, or how many may have been made. Since 2019, Zelensky’s wife, Olena Zelenska, has been the sole beneficial owner of Film Heritage, according to the online registry of officials’ asset declarations, meaning any subsequent payments would have flowed to her.

Financial crime consultant Woods said the share transfer was possibly a “charade” aimed at hiding a stake in Maltex while still being able to make money off it. Zelensky has not mentioned Maltex in any of his public asset declarations, including one filed for 2018, when he still owned 25 percent of the company.

In such an arrangement, “the real owner has placed another person to act as his or her proxy to pretend to be the shareholder”, Woods said.

“The person making the transfer wants to retain the shares and the benefit of the shares, but doesn’t want other people to know that that is the situation”.

In response to questions sent by Pandora Papers reporters, Fidelity confirmed it was the registered agent for Maltex Multicapital Corp, but it said that Zelensky was not currently an owner or beneficiary of any company under its administration.

“The present Ukrainian president is not our client, nor does he have any ownership or any other position in any entity under our administration,” Fidelity said.

The company also argued that there would have been nothing wrong to have worked for Zelensky prior to his ascent to political office in 2019. “We don’t see any valid reason why such a private citizen should be precluded from venturing to conduct his business internationally, including through a BVI [British Virgin Islands] business Company, if so deemed fit”.

The company did not respond to follow-up questions about Zelensky’s other partners, as well as the transfer of his shareholding in Maltex Multicapital Corp to Shefir’s partners.

The documents in the Pandora Papers also contain details that dovetail with broader allegations of offshore machinations leveled against Zelensky and his partners during the 2019 election.

During the campaign, the pro-Poroshenko member of parliament Ariev claimed that Zelensky and his partners were the beneficiaries of an offshore network of companies that received US$41 million in payments that originated from Privatbank, the Ukrainian financial institution that the oligarch Kolomoisky is alleged to have looted.

Ariev’s allegations were detailed in a chart he publicized on Facebook showing a complex web of transactions between layers of companies based in offshore havens including the BVI, Cyprus, and Belize. The chart showed money flowing from the bank via a series of apparent shell entities to companies alleged to have been owned by Zelensky and associates.

However, the Pandora Papers documents do provide the first corroboration for elements of his allegation: that 10 of the companies that allegedly received the money really did belong to Zelensky and his partners. Such information has not previously been publicly available.

As we know, Pandora Papers was released on October 3, 2021 – four months before Russia began special military operations in Ukraine, during the past two years – as Zelensky received hundreds of billions of dollars from the United States and NATO nations, he and his neo-Nazi cronies must have been engaged in rampant loot thus building massive fortune in a number of Western nations. Despite such “exciting” and “money-making” bonanza – everything went wrong for Zelensky and his cronies in Kiev on June 27, 2024, when it was almost proved – Joe Biden’s days in White House shall expire on November 5.

Meanwhile, according to analyst Alan Watson, US Army Col. Douglas Macgregor (retired) recently said, “Last week, the Ukrainian army lost 13,000 soldiers”.

Alan Watson believes war in Ukraine will “be over before the November US election” and “Zelensky will flee to his mansion in Miami and rump Ukraine will surrender”.

Please follow Blitz on Google News Channel

The post With prospects of Trump’s presidency getting stronger, Zelensky gets panic attack appeared first on BLiTZ.