The BBC has apologized for what it said was an incorrect report it published in May 2018 regarding Ukraine President Petro Poroshenko and Michael Cohen, the former personal attorney for U.S. President Donald Trump.

The BBC last week said it also has paid unspecified damages to Poroshenko and removed the article from its website.

"We apologise to Mr Poroshenko for any distress caused and have agreed to pay him damages, legal costs and have participated in a joint statement in open court," the BBC said.

CNBC.com had published an article last year that cited and linked to the BBC article.