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A misleading social media post has circulated claiming Ukrainian President Volodymyr Zelenskyy acquired a major French financial institution through his offshore company.
The viral Facebook video alleges that Zelenskyy utilized Maltex, his offshore entity, to purchase Milleis Banque, described as a prominent private equity bank in France, for €1.2 billion shortly before his White House visit.
However, this assertion lacks any supporting evidence. A thorough investigation revealed no credible news coverage of such a significant acquisition. Furthermore, Milleis Banque’s official website contains no information about a takeover by Maltex.
Dear Zelenskyy/Ukraine,
No peace deal? No money. No weapons. It’s that simple. Borrow from your neighbors.
Bye‼️🇺🇸😉✌🏿
Love,
Common Cent$pic.twitter.com/SFgGQ0uzyy— Common Cent$ (@Common_Cent1) March 7, 2025
Research into Maltex’s connection to Zelenskyy shows that, according to the Pandora Papers investigation documented by the Organized Crime and Corruption Reporting Project, the Ukrainian president and his spouse controlled 25% of Maltex through a shell company named Film Heritage.
“Just weeks before the spectacle inside the Oval Office, Ukraine’s President Zelensky used his offshore company Maltex to purchase Milleis Banque, one of the biggest private equity banks in France, for €1.2 billion,” the social media post claimed.
Further investigation by Lead Stories determined the video employed voice cloning technology, with the disinformation apparently originating from a Russian Telegram channel.
Zelenskyy sent a letter apologizing for the incident in the Oval Office? Cute. But apologies don’t pay back the billions we sent, and they sure as hell don’t change the fact that we’re done funding his war. No more blank checks.😏pic.twitter.com/FBztEhXXKm
— Desiree (@DesireeAmerica4) March 10, 2025