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Posted On

07
September
2022

BES suspects major distributor of mineral fertilizers of tax evasion for UAH 108 mln

KYIV. Sept 7 (Interfax-Ukraine) – Employees of the Bureau of Economic Security (BES) exposed officials of a group of companies – a wholesale distributor of mineral fertilizers – in a tax evasion scheme in the amount of UAH 108 million.

The agency links the activities of the holding with a well-known businessman who is included in the list of the richest Ukrainians and was included in the sanctions list of the National Security and Defense Council (NSDC) last year.

At the same time, the agency did not disclose the name of the legal entity-distributor of mineral fertilizers.

"In the course of the pre-trial investigation of the criminal proceedings, it was established that non-commodity financial and economic transactions were formalized with the participation of these enterprises. The beneficiary company fictitiously purchased mineral fertilizers from the mentioned companies in order to overstate the VAT tax credit. Such actions led to the actual non-receipt of funds by the state budget of Ukraine in the amount of more than UAH 108 million," the agency said.

The BES clarified that the pre-trial investigation into criminal proceedings on grounds of intentional tax evasion (Part 3 of Article 212 of the Criminal Code of Ukraine) is currently underway, which is carried out by the main investigative unit of the BES under the procedural guidance of prosecutors from the Office of the Prosecutor General. The criminal scheme was exposed by specialists of the BES information analysis and risk management department based on the results of information and analytical activities.