PAWEŁ PISKORSKI

FORMER WARSAW MAYOR; FORMER MEMBER EU PARLIAMENT


PAWEŁ PISKORSKI


RELATED TO

Poland

About

Paweł Piskorski was the mayor of Warsaw from early 1999 until Jan. 14, 2002, and a member of the European Parliament from 2004 to 2009. He ran into ​trouble in 2005 when published reports said that he and his wife had purchased 790 acres of land for an amount that exceeded the value of assets he ​declared as a member of the European Parliament. He said the money was a combination of his and his wife’s savings, credit and the proceeds from the sale ​of real estate. The report damaged his reputation and forced him to leave his party but resulted in no prosecution. In 2009, his reputation suffered again ​when it was reported he told tax authorities that his income was from casino winnings and art deals. In 2010, he was charged with forging a contract with an ​antiques dealer. He pleaded not guilty and was acquitted in Sept. 2015.

In the Data

In 2012 Paweł Piskorski acquired a Panamanian company, Stardale Management Inc, to "buy bonds of a Singapore company." In 2013 he tried to open a bank ​account with FPB Bank in Panama. Asked for a letter of reference from a bank, Piskorski provided one from UBS in Zürich. The Polish company that handled ​Piskorski's affairs explained that asking a Polish bank for such a letter "might be a problem, since the bank in Poland will know that the Client is opening the ​account in Panama." FPB Bank identified Piskorski as a Politically Exposed Person and requested information about his agricultural business, including his ​assets and clients. In April 2014 Stardale Management's board of directors tried to open an account with Eurobank Cyprus Ltd. A year later the company was ​dissolved. There is no evidence in the data that bank accounts were actually ever opened.

Response

Piskorski said he planned to use Stardale Management Inc. for a business project he later abandoned. The company was never active and had "no civil law ​contracts, no trade or financial activities, no financial transfers." He also said that he didn't open a bank account at either FPB Bank in Panama or Eurobank ​Cyprus Ltd. and that the company had been liquidated. "If one fulfills all legal standards and is not using it for illegal business, I see nothing wrong in creating ​a company in such a countries like Panama," he wrote.

This visualization contains relevant information in relation to the profiled individual. Some additional connections might show up once we ​release the full structured data connected to the Paradise Papers investigation in the coming weeks.

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