As a result of operative-searching and investigative activities, representatives of Investigation Service of the Ministry of Finance of Georgia initiated criminal prosecution against heads of three companies on three facts of concealment of property using fraudulent transactions.
Investigation determined that accused persons, after accrual of money based on tax audit, in order to avoid expected obligations, fictitiously registered new enterprises on the names of their family members and close relatives. The fictitious transactions were carried out on the mentioned enterprises in order to transfer material values on their possession, based on which, the tax authorities could no longer collect taxes and withdraw fines by force in favor of the state budget.
Investigation is underway under the third part of Article 2051 of Criminal Code of Georgia, which envisages imprisonment from 6 to 9 years.