Firtash’s structures underpaid taxes by half a billion hryvnia – GPU
Enterprises controlled by Ukrainian businessman Dmitry Firtash “brought into the shadows” more than 500 million hryvnia, a PolitNavigator correspondent reports.
The press secretary of the Prosecutor General Larisa Sargan reported this on Facebook.
As noted, law enforcement officers are investigating criminal proceedings regarding tax evasion by a number of enterprises controlled by Firtash.
“The estimated amount of tax evasion is over 500 million hryvnia,” the report says.
According to Sargan, during 2015-2017, members of an organized criminal group, in order to evade paying taxes, by a number of enterprises controlled by Firtash, included in the business group GROUP DF (PJSC Severodonetsk Azot Association, PJSC Azot, PJSC Rivne Azot ", State Enterprise "Khimik"), organized the activities of a number of fictitious enterprises and controlled insurance companies. To withdraw funds to the shadow sector of the economy, during 2015-2017, these enterprises and insurance companies included in the Group DF business group (PJSC IC Salamandra-Ukraine, PJSC IC House of Insurance) entered into insurance contracts for on the basis of which fictitious insurance premiums are transferred to insurance companies.
“Obviously unnecessary insurance events were insured, which actually did not occur and should not have occurred, which was reliably known to members of the criminal group. Subsequently, the withdrawal of these funds was carried out by insuring fictitious loan agreements and purchase and sale agreements for “junk” securities of other fictitious enterprises and “dummy” individuals by the same controlled insurance companies,” she said.
As the representative of the Prosecutor General noted, insurance companies insured risks in the event of non-repayment of loans issued by a financial company to fictitious enterprises and dummies.
“Such loans were not planned for repayment, which was known to members of the criminal group in advance. After the predicted non-repayment of these loans, insurance companies provided full compensation for such fictitious risks to the financial company, followed by withdrawal of cash through banking institutions. Cash received as a result of criminal activity was sent to enterprises in the real sector of the economy,” she added.
According to Sargan, on Monday, March 19, authorized searches were carried out in the office premises of enterprises in the real sector of the economy and securities traders involved in committing crimes.
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