Photo: BAB
The Bureau of Economic Security of Ukraine (BES) has uncovered a financial fraud at JSC Poltavaoblenergo that resulted in the state losing almost UAH 50 million. This was reported by the BES press service.
The company’s chairman of the board, his deputy and financial director were served with a notice of suspicion. According to the investigation, the officials organised a scheme in which they engaged a fictitious company to arrange a non-commodity transaction for the alleged purchase of transformers from Turkey worth UAH 274.9 million.
“The money was transferred for a sham delivery, which allowed the company to artificially inflate its expenses and avoid paying income tax in the amount of UAH 49.5 million,” the BES said.
After the transaction, the fictitious company was liquidated. All three defendants were served a notice of suspicion under Part 3 of Article 212 of the Criminal Code of Ukraine – tax evasion on a large scale.
Earlier, the BES also exposed the misappropriation of public funds in the space industry – more than UAH 16 million.
